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Parliamentary questions
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16 October 2018
Question for written answer E-005270-18
to the Commission
Rule 130
Nikolaos Chountis (GUE/NGL)

 Subject:  Responsibility for the initial price for the extension of the concession agreement for Eleftherios Venizelos airport
 Answer in writing 

In the negotiation that was completed in late 2017 for the 20-year extension of the concession agreement for Eleftherios Venizelos Athens International Airport (AIA), AIA and the Hellenic Republic Asset Development Fund (HRADF) agreed on the price of EUR 600 million, triggering amazement and rage in Greece. The agreement provoked a reaction from the Commission’s Directorate-General for Competition (DG COMP), which took the view that the price was exceptionally low in view of the improvement in Greece’s economic climate, the increased number of aircraft arriving at AIA, etc.

Finally, after an intervention by DG COMP in June 2018, AIA’s shareholders agreed with the HRADF on a price of EUR 1.364 billion including VAT, without putting forward any objections. This amount is double what was originally agreed.

In view of the above, and irrespective of any opinion on privatisations and concessions of public assets, can the Commission say:
- Which Greek body was responsible for the extremely low price of EUR 600 million initially agreed?
- Does it know whether any proceedings have been initiated against the initial ‘negotiators’, since, in any well-governed state, such a dreadful ‘omission’, amounting to over EUR 600 million, would, at the very least, cause the prosecution authorities to intervene?
Original language of question: EL 
Last updated: 6 November 2018Legal notice