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FS Italiane Now Owns Greek Railway Operator Trainose

Greek train operator Trainose was recently sold to Italian state railway group Ferrovie dello Stato (FS) Italiane for a sum of 45 million euros.
Posted On 19 Jan 2017

Grivalia Acquires 60% of Pearl Island Project from Dolphin Capital Investors

Grivalia Hospitality has made its first investment and acquired 60 percent of the Pearl Island Project in Panama from Dolphin Capital Investors (DCI).
Posted On 18 Jan 2017

Greek Gov’t Planning Changes to Investor Visa Program

The Greek government is planning changes to the so-called golden visa program extended to foreign nationals investing in property in efforts to make it more attractive.

Application Deadline for Tourism, New Media Subsidies Jan. 31

January 31 is the deadline for all interested parties wishing to gain access to subsidies under the new development law estimated by the end of 2020 to distribute some 4.2-4.3 billion euros.

Privatization Deal of Kassiopi Plot on Corfu Completed

The privatization of the plot at Kassiopi, Corfu, has been completed and will pave the way for a major tourism investment that adds up to some 100 million euros.
Posted On 29 Dec 2016

SNF Invites Greek State to Accept Delivery of the Stavros Niarchos Foundation Cultural Center

The Stavros Niarchos Foundation invites the Greek State to accept delivery of the SNFCC project and begin operating it for the benefit of society at large.
Posted On 28 Dec 2016

EU Bank Launches Credit Line for Agriculture, Tourism, Manufacturing in Greece

The European Investment Bank (EIB) announced on Thursday the launch of a 1 billion euro "Loans for SMEs and MidCaps" credit line to Greek banks.
Posted On 22 Dec 2016

More EU Funds to be Made Available for Greek SMEs

The European Investment Fund (EIF) and the Greek economy ministry signed a funding deal to establish a 260 million euro risk capital Fund-of-Funds which will facilitate access to finance for entrepreneurs by unlocking the equity potential in the Greek market.
Posted On 22 Dec 2016

TEMES-Dogus Consortium Takes Over Hilton Athens

Home Holdings has acquired the majority stake in the share capital of Ionian Hotel Enterprises, owning company of Hilton Athens.
Posted On 16 Dec 2016

Kountoura Visits Canada to Promote Destination Greece

Tourism Minister Elena Kountoura recently held a series of meetings in Toronto to promote Greece as a preferred tourist destination to Canadian travellers.
Posted On 16 Dec 2016

Piraeus Port Investments, Upgrades to Focus on Cruise Travel

Boosting investments and upgrading port infrastructure to facilitate incoming cruise tourism topped the agenda of talks between the Piraeus Port Authority and the municipality recently.
Posted On 14 Dec 2016

Athenian Riviera Casino Resort Gets Green Light

The Greek Finance Ministry has tabled a draft bill in parliament that gives the green light for a casino to be built in Hellenikon.
Posted On 13 Dec 2016

Investments, Greek Tourism Promotion Top Kountoura’s Agenda in New York

Tourism Minister Elena Kountoura invited top entrepreneurs to invest in the growing Greek tourism sector, during the 18th Capital Link Forum in New York.
Posted On 13 Dec 2016

EU Funds to Go Towards Upgrade of Greece’s Tourist Product

Activities relating to Greek tourism are set to tap into some 300 million euros in EU subsidies, the Secretary General for Tourism Policy and Development, Yiorgos Tziallas recently informed.
Posted On 06 Dec 2016

Greek Tourism Entrepreneurship to Receive Support Through NSRF Funds

Over 300 million euros in EU subsidies through the National Strategic Reference Framework (NSRF) 2014-2020 program will be allocated for co-financed actions relating to tourism in Greece.
Posted On 05 Dec 2016

Hellenikon Project: Casino Resort with Skyscraper First to Go Up?

The first building to be constructed as part of an eight-billion-euro project to develop Hellenikon, Athens’ former airport is said to be a casino resort on the Agios Cosmas marina along the Athenian Riviera.
Posted On 05 Dec 2016

Arabs Introduced to Greece Tourism Investment Opportunities

Greek National Tourism Organisation (GNTO) Secretary General Dimitris Tryfonopoulos invited Arab entrepreneurs to invest in Greek tourism during the 5th Arab-Hellenic Economic Forum held in Athens.
Posted On 30 Nov 2016

Trump Entertainment Eyeing Greece’s Loutraki Casino

Trump Entertainment Resorts, owned by the 45th president of the United States, Donald Trump, is said to be showing an interest in the Club Hotel Casino Loutraki in Greece, which is up for sale.
Posted On 28 Nov 2016

Calling All Investors: Hotels Up for Sale in Athens

Hotels or properties in central Athens suitable to become accommodation facilities are seeking investors who will take over and give them a new lease on life.

Thessaloniki Port Sale Priority for New Shipping Minister

Ensuring the sale of a 67 percent stake in the Thessaloniki port authority moves ahead swiftly and trouble free tops the agenda of new incoming shipping minister Panagiotis Kouroumblis.