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Re: nlightn post# 244627

Tuesday, 05/05/2015 6:27:55 AM

Tuesday, May 05, 2015 6:27:55 AM

Post# of 363758
Greece appears to offer some concessions

Greece is willing to finalize a €1.2B deal with German operator Fraport to run regional airports and reopen bidding for a majority stake in Piraeus port, Reuters reports.

The plan appears to be the latest concessions offered by Athens in an effort to secure aid from international lenders.

Austrian Finance Minister Hans Joerg Schelling said this morning that Greece's debt talks with creditors were making progress but have not yet made a breakthrough and added that he could not tell if a deal was in reach next week.

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