Fraport To Sign Greek Airports Deal Within 10 Days

German airport operator Fraport will sign a EUR€1.2 billion (USD$1.3 billion) deal to lease and manage 14 provincial Greek airports this month.

"We will proceed with signing the agreement with Fraport within the coming 10 days," the head of privatisation agency HRADF, Stergios Pitsiorlas, told a news conference.

The deal, under negotiation before the Syriza party won a general election in January and initially froze asset sales, will be the first major privatisation completed under Prime Minister Alexis Tsipras.