New twist in Hellinikon saga as Lamda goes it alone

Economy Tags: Business, Construction, Privatisations
Image via www.thehellinikon.com
Image via www.thehellinikon.com

Developments in Greece’s marquee privatization project at Athens’s former airport took an unexpected turn on Wednesday when it was announced that the foreign investors participating in the consortium formed to acquire the property have withdrawn.

This leaves Lamda Development, which is owned by Greece’s Latsis family, as the main driving force behind what has turned into an emblematic investment for the country.

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