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> Economy

Long-term leasing scheme envisioned for some privatizations

The Piraeus port privatization is considered a "big-ticket" item, while a tender for regional airports appears doomed

Newsroom April 6 10:46

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Privatizations, at least some, will reportedly proceed but in the form of long-term leasing schemes, with the prime candidates being a majority stake of the Piraeus Port Authority and the online horse-racking concession.

The port privatization is considered a “big-ticket” item, as it involves the country’s largest such facility, while figures over the latter are sketchy, at best.

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Conversely, reports state that the leftist SYRIZA government is unwilling to privatize 14 regional airports as a unified package, overturning a previous decision and tender process by the former ND-PASOK coalition government.

The report was “leaked” from a same-day top government meeting on Monday chaired by Greek PM Alexis Tsipras.

More “official” statements are expected at the end of April.

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