connect with us
A Service by: GREEK TRAVEL PAGES
 

Minoan Group Awaits Final Approval for Luxury Tourism Investment in Greece

Travel firm Minoan Group is waiting for the Greek Government to give the final approval for its tourism project on Crete to get off the ground.

Eurobank Bets on Greek Tourism, Invests in Hotel Industry

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 SMEs in Tourism Should Prepare for NSRF Funding

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 Wants to Make Life Easier for Foreign Investors

Greece will simplify the "fast track" law in order to attract foreign investment, according to an announcement made by Deputy Foreign Minister Dimitris Mardas.

Greece Assets Fund Pushing Privatization Projects

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.

Turkey Eyeing Tax-free Tourist Zones along Aegean Coast

Aiming to attract all the more tourists to its shores, Turkey is examining the creation of tax-free tourist zones, Turkey’s Economy Minister Nihat Zeybekci said.

Greece’s Airport Deal with Fraport Sparks Reactions

The Greek government's decision to privatize four airports in the Ionian region, has sparked angry reaction from regional and local authorities.

German Fraport Takes Over Operations of 14 Regional Airports in Greece

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.

Commission Unveils Program to Boost Local Economy, Tourism in Five Greek Regions

People living in five border regions in Greece will benefit from a new EU supported cross border program adopted on Friday by the European Commission.

Minoan Sees 1st Half Revenue up by 18.6%, Crete Project Pending Approval

Travel and leisure company Minoan Group Plc announced last week that revenues for the first half of 2015 grew by 18.6 percent.

Piraeus Port Cruise Facilities to be Completed by Year-end

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.

Dolphin Seeks Partners to Fund Kilada Hills, Kea Projects

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.

Piraeus Port Sale Set for Sept., Authorities Eye Creation of Parallel Administrator

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.

US Tycoon and Italian Millionaire Buy Island in Greece

American tycoon Warren Buffet and Italian millionaire Alessandro Proto, have reportedly purchased the island of Agios Thomas, located in the gulf of Egina in Greece.

European Commission Mobilises More Than €35 Billion From EU Budget for Greece

Two days after an agreement paving the way for a new support program for Greece, the European Commission revealed plans on Wednesday to help the country maximise its use of EU funds.

Greece – The Unexplored Tourism Investment Paradise: Opinion

Financial Specialist Kostantinos Xanthopoulos gives us significant reasons to pursue an investment in Greece.

OLP Head Resigns at Odds Over Majority Stake Sale of Piraeus Port

Piraeus Port Authority (OLP) Chairman and Chief Executive Yiorgos Anomeritis resigned from his post on Wednesday, citing among other things his disagreement over the privatization of the port.

Brad Pitt and Angelina Jolie Have Eyes Set on Buying a Greek Ionian Island

Hollywood couple Brad Pitt and Angelina Jolie are reportedly preparing to buy a Greek island located in the Echinades complex of the Ionian.

Greece Seeks UAE Tourism Investments, Applauds Schengen Visa Waiver for Emiratis

Alternate Tourism Minister Elena Kountoura recently wrapped up her visit to the United Arab Emirates (UAE) during which she promoted Greece as a destination both for travel and investment.

Massive Argos Tourism Investment Kilada Hills Gets Green Light

The Council of State approved last week of a 418-million-euro tourism investment in the valley of Ermioni, near Argos in the Peloponnese.