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The Greek government aims to prompt public-private partnerships

The transport ministry plans to select a financial advisor for 23 smaller airports from among Grant Thornton, Lamda Group, and Process Consulting. “The Greek government aims to prompt public-private partnerships (PPPs) towards the upgrade and modernization of [the airports], extending sub-concession deals for separate commercial activities, with the public retaining ownership of the airports.”

Source: GTP Headlines

Greece: people wonder when the pain will end

As the government signs on to another draconian agreement involving austerity and privatization with European institutions and the International Monetary Fund, its people wonder when the pain will end. “Mr. Tsipras's political opponents, who have been gaining ground in opinion polls, have noted that the country will remain under foreign supervision for years to come and will still be subject to harsh austerity measures, including a package approved by Parliament last week that includes further pension cuts, tax increases and privatization of state assets. That view is often echoed by regular Greeks. ‘What exit? This is a life sentence,’ said Giorgos Amanatidis, a 67-year-old pensioner in Athens. He added, ‘Taxes, taxes and more taxes.' Where's the light at the end of the tunnel? What kind of future do my grandchildren have here?’ The pace of privatizations has recently been accelerating.

Source: www.nytimes.com