On Friday 17 March, the European Commission concluded that the concessions awarded to the German-Cypriot consortium Fraport AG-Slentel Ltd to operate 14 regional airports in Greece do not constitute illegal aid with regard to the European rules in 2014 on State aid airports and airlines.
In line with the commitments it made in the framework of the second bailout plan (see EUROPE 11315), the Greek government at the end of 2015 awarded the consortium two concessions contracts for the upgrade,...