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AIRPORT EL. VENIZELOS

Privatization program takes off on strong interest for Athens airport

Greece's sale of a 30 percent stake in the Athens International Airport drew stronger than expected investor interest, in what could earn the country more than 1.5 billion euros in revenues, while also giving a major push to its stalled privatizations program. Expected dividends of 1.1 billion euros connected to the 30 percent stake between 2026 to 2046 drew ten bids from some of the world's largest investors in infrastructure and airport management companies.