Greece to sell 100 percent of Elliniko

The Hellenic Republic Asset Development Fund (TAIPED) is looking at the privatization of 100 percent of the Greek capital’s former international airport at Elliniko, southern Athens, Kathimerini understands. A previous privatization plan foresaw the sale of 70 percent of the former airport.

This change in strategy is expected to be ratified at a board-of-directors meeting scheduled to take place next week.

According to reports, Greece’s lenders, collectively known as the troika, are putting pressure on the government in order for the privatization project to be finalized before the end of next year.