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Greek Hotels Becoming Attractive Investment Option

Increasing tourism flows and dropping prices are making Greek hotels an attractive investment choice with hospitality units on the islands winning over buyers.

Dolphin Capital Inks Deal with Kerzner for Kea Island Luxury Tourism Project

Dolphin Capital has entered into an agreement with Kerzner for the development of a luxury tourism project on Kea in Greece.

Plans for Skyscrapers at Hellinikon Raising Concerns

The Hellinikon project is facing a new obstacle as the Central Archaeological Council (KAS) must now decide on whether or not to allow the construction of six high-rise buildings.

Astir Palace Project Moves a Step Ahead After Minister’s Approval

Greek Culture Minister Lydia Koniordou has approved the investment plan and the environmental impact study for the overhaul of Astir Palace in Vouliagmeni.

Defence, Energy, Trade Top Trump-Tsipras Talks

Greek Prime Minister Alexis Tsipras and US President Donald Trump discussed cooperation in the areas of defence, energy and trade during a meeting in Washington.

Investment Key to Recovery, Greek PM in US to Stimulate Interest

Greek Prime Minister Alexis Tsipras is currently on an official visit to the US, where he is making efforts to stimulate investor interest.

Xenia Hotel in Nafpaktos to Become Cultural, Conference Center

The Municipality of Nafpaktos has announced plans to transform the historic Xenia hotel into a cultural and conference center.

Greek Archaeological Council Gives Asteras Vouliagmeni Clearance

Greece's archaeological council has approved environmental impact studies submitted for the development of the Asteras peninsula in Vouliagmeni.

China, Russia, Turkey Investors Top Golden Visa Greece List

The largest number of buyers seeking to invest in Greece, through the "golden visa" program, are from China, Russia and Turkey.

Greek Thematic Tourism Projects to Get ‘Interreg’ Funding

Greek thematic tourism projects are to receive funding through the EU’s Interreg V (Greece-Cyprus 2014-2020) program.

TUI Invests in Greece: 10 New Hotels and More Cruise Ship Visits

Travel giant TUI plans to expand its presence in Greece by opening 10 new upscale hotels and adding more visits from its cruise ships to Greek ports.

Revamp of Greek Regional Airports to Begin in November

Development and upgrading works at Greek regional airports, taken over by the Fraport consortium, are expected to begin in early November.

TUI on Greece: ‘We are Here to Stay’

Travel giant TUI is interested in strengthening its investment in destination Greece and extending the country's tourism season.

Thirty Hectares at Hellinikon Former Airport Declared as Archaeological Site

The Greek Central Archaeological Council has decided that some 30 hectares of the 620-hectare plot at Hellinikon will be classified as an archaeological site.

Property Tax Burden Forcing Greek Isle Owners to Sell at Discount

All the more Greek islands, currently 40, are up for sale with prices going down by as much as 60 percent since the beginning of the crisis.

Piraeus Bank Backs SMEs with €700m, EIB Opens New Athens Office

Small and medium-sized businesses in Greece will be able to tap into a total of 700 million euros of funding by EIB, EIF and EBRD, through local Piraeus Bank.

Greek Archaeological Council Postpones Decision, Hellinikon Project on Ice

The Hellinikon project is still in limbo after the Central Archaeological Council postponed its decision on whether the site has areas of archaeological importance.

EIB to Finance Greek Tourism Infrastructure Projects

In efforts to support tourism infrastructure projects in Greece, the European Investment Bank (EIB) is planning to approve loans of up to 2 billion euros, according to European Commissioner Corina Crețu.

PM, Governor Highlight Crete’s Potential for Growth

The completion of the so-called north road axis, the airport at Kastelli and peripheral roadway networks are the top priorities for authorities on Crete.

EIB, Eurobank Sign €150m Financing Agreement to Support Greek SMEs and MidCaps

The EIB and Eurobank have signed a €150 million loan agreement to finance eligible projects undertaken by SMEs and midcaps operating in Greece.