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Greece to change tack on privatizations

Greece could go ahead with the privatization of the Piraeus port and the sale of other assets, in a potential reversal of promises made by the Syriza government.

A revised tender offer is being sent to potential investors, people with knowledge of the matter said.

The Hellenic Republic Asset Development Fund is expected to agree the lease of 14 regional airports to Germany’s Fraport for €1.2bn within the month, the people said.

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