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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Greece’s New State Assets Body to Fund Social Security, Not Debt

Greece’s privatization fund, known as TAIPED (Hellenic Republic Asset and Development Fund), will be replaced by the Public Wealth Fund following a decision on Tuesday, by Deputy Finance Minister Nadia Valavani.

Greek Government Reviews Regional Airports Deal

The Greek government is expected to stick to its commitment to its international lenders and go ahead with privatization projects already underway, which includes renegotiating the agreement with Frankfurt-based transport company Fraport to run 14 regional airports.

Greece Privatization Projects Move Ahead as Scheduled

The privatization of regional airports as well as of the Piraeus port will move ahead as scheduled, the Greek finance ministry said in a document it sent to the Eurogroup on Monday.

Ryanair Says ‘No’ to Privatization of Greece’s Regional Airports

Irish low cost carrier Ryanair said it was against the privatization of Greece’s local airports, proposing instead that the Greek government announce a new bid which will have the increase in passenger traffic as a prerequisite.

German Fraport Calls on Greece to Respect Airport Contract

Frankfurt-based transport company Fraport is calling on Greece to honor a 1.2 billion euro deal set to close in October, for the management of 14 regional airports.

Airport Ground Handling Companies Hit Financially

Airport ground handling companies here in Greece now suffer the same financial blows felt by airlines after the New York terrorism attack. Airlines, in an dire attempt to cut costs wherever possible, have made life unbearable for some independent companies, not least of which are...