Greece for sale: Germans to run Greek regional airports as part of bailout deal

Greece for sale: Germans to run Greek regional airports as part of bailout deal

Athens has approved a deal to hand over the operation of 14 airports to a German company.

The 40-year contract worth €1.23 billion was awarded to Fraport AG, which currently runs Frankfurt Airport. The airports are not the only things on sale in Greece right now. Other travel hubs like ports and railways, the national lottery, water utilities and even the islands are to be sold off.