Despite the conflicting rhetoric, negotiations between state sell-off fund TAIPED and the Fraport-Schentell consortium continued last week and the transfer of 14 regional airports may be completed by the end of the year. Kathimerini understands that the consortium is seeking the same guarantees as those given for the Athens International Airport for the regional terminals.
At the time when the deal for the capital’s new airport was being negotiated, Hypovereinsbank, one of the project’s lenders, had asked for the Greek state to guarantee that it would shoulder any compensation to the investor that could arise. The banks putting up the money for the current project are seeking similar guarantees from the consortium chosen for the 14 regional airports. The demand had been tabled before the July 5 referendum, but it was resubmitted to the new administration of TAIPED in mid-July, this time by Fraport in the aftermath of the capital controls.
The consortium enjoys a significant coverage by Hermes, which insures exporting credit, usually offered not only for long-term German investments in Greece but also for the exporting of German engineering equipment to Greek companies through bank loans. The problem with the German firm is that it has not yet secured a bank loan because of the deterioration of the Greek economy in the last eight months.
janiemou: Are you surviving the rain Kaz?
Jun 12, 2019 16:35:23 GMT 2
kaz: Just about janiemou..its raining now,,grey skies and windy its " s'windy, loved your pics of the sea....not been up on the sea wall since accident, maybe soon,getting around I bit better now............rain just stopped!! strange weather?? take care xx .
Jun 13, 2019 10:30:37 GMT 2
kaz: Hope you are both well Jan & Steve and enjoying the Roda sun!!!....the days here have been dry but humid,phew..........not able to get to Roda again this year ( I miss it so much) never mind, one day..take care, love Kaz & Rosie xxx
Jul 15, 2019 16:43:37 GMT 2
janiemou: Hi Kaz,I had pretty good weather when on quick trip back to the UK, not been so good since I have been back. Hopefully it will be better tomorrow.
Jul 16, 2019 14:36:06 GMT 2
kaz: Hi Janiemou.........as you may have heard, we had a Heat Wave for two days here.....my was it hot?? shouldn't complain though only it hasn't stopped raining to-day...we can't win can we?? Hope you and Steve are keeping well and still enjoying life.........
Jul 27, 2019 16:04:20 GMT 2
kaz: Not able to make Roda again this year.....family holidays in progress!!!So it will be just me n Rosie up on the sea wall!!! take care..love Kaz xx
Jul 27, 2019 16:07:29 GMT 2
janiemou: Oh Kaz, we will miss you, as will Roda.
Jul 27, 2019 17:37:57 GMT 2
kaz: I will miss you to...............one day a?
Aug 3, 2019 13:00:50 GMT 2
kaz: Nice cooling rain here in Kent after 2days of sweltering SUN...shouldn't complain though should I.....I have friends on their way to Roda at the wkend staying at the Afroditi, I expect you will know them..........just wish I could be there with them. Enjoy
Aug 28, 2019 20:34:49 GMT 2
kaz: Just got on my 'puter..thanks for missing me!!...I am there in spirit (always)just wish my BODY was !!!never mind, next year with luck ( before I have to use a walking frame!!!)glad the weather is good for you all....hold on, just want to wipe the tears
Sept 11, 2019 19:50:02 GMT 2
kaz: Now my puter is playing up.......I cant win
Sept 11, 2019 19:53:37 GMT 2
kaz: Hope Forum meetings are going well?? I miss them too xxxx
Sept 11, 2019 20:01:03 GMT 2
kaz: Weather in Kent is very hot...........still not as nice as being in Roda!!!
Sept 17, 2019 16:19:06 GMT 2