The deal signed between the coalition government and Germany’s Fraport regarding the privatization of 14 Greek airports is a very positive development. Besides raising revenues for the state, this investment will also lead to new jobs and further growth in the local tourism industry.
Just consider what a difference Athens International Airport makes compared to the former airport at Elliniko and how all 14 airports, a number of which are nothing short of negative publicity for the country, will become state-of-the-art facilities in a few years’ time.
The fact that Prime Minister Alexis Tsipras did not cave in to reaction within the SYRIZA party shows he is determined to move on with the privatizations he has pledged to carry out.
It would be even better if he defended them and explained why they are beneficial to the public interest. For the time being, however, let’s stick to the good news. It’s a big step forward.