Greece’s resilient tourism sector is still bringing in the cash, with all the more investors eager to place their bets on high-end accommodation facilities, Eurobank CEO Fokion Karavias said this week.
Greek small- and medium-sized businesses (SMEs) active in tourism and employing a set number of staff in the last three years can tap into EU grants - commonly known as ESPA funds - for the upgrade of tourism infrastructure and facilities.
Greece’s assets fund is moving ahead with projects that have been put on hold since the elections in January, with top priorities the privatization of a 30 percent share of Athens International Airport (AIA) and 14 regional airports.
German transport company Fraport will take over the management of the Greek regional airports located in Thessaloniki, Corfu, Chania, Kefalonia, Zakynthos, Aktion, Kavala, Rhodes, Kos, Samos, Mytilini, Mykonos, Santorini and Skiathos.
Following a series of delays, a new construction which will facilitate the docking of cruise ships at the Port of Piraeus is set to be completed by the end of the year, the Piraeus Port Authority (OLP) announced last week.
One of the largest private seafront landowners in Greece and Cyprus, Dolphin Capital Investors, is seeking strategic partners for its latest tourism projects: the Kilada Hills Golf Resort, to be located in Ermionida valley in Argolis, and for its Kea plans.
Procedures for the sale of a 51 percent stake in the Piraeus Port Authority (OLP) are set to come to a close in September, with the relevant authorities examining setting up a parallel port body which will exercise control over the new buyer, Greek media report.