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SNFCC Invites Public to Handover Festivities

The Stavros Niarchos Foundation Cultural Center (SNFCC) will be handed over to the Greek government on Thursday, February 23.
Posted On 21 Feb 2017

EIB – Pancretan Bank Deal to Back Greek SMEs, Boost Employment

In efforts to facilitate business lending to Greek SMEs and midcaps and bolster youth employment, the European Investment Bank (EIB) signed a 50 million euro loan with Pancretan Cooperative Bank.

Fraport Greece Holds Info Event Ahead of March 15 Airport Takeover

Fraport Greece is ready to take over management of 14 regional airports on March 15 and held a day event recently in order to present its ambitious plans.

Fraport Greece to Take Over 14 Greek Airports on March 15

German-Greek consortium Fraport Greece will officially take over the management of 14 regional airports in Greece on March 15.
Posted On 08 Feb 2017

Insecurity, Lagging Negotiations Dampening Investment Climate in Greece

The IOBE think tank expects Greece’s investment climate to be affected by the lingering insecurity due to ongoing bailout negotiations.
Posted On 27 Jan 2017

Greek Gov’t to Issue Invitation for Tourism Subsidies in Coming Months

The Greek government is expected to launch the "Support for the Establishment and Operation of SMEs in Tourism" program in the coming months.
Posted On 25 Jan 2017

Regional Greek Airport Hand-over to Fraport Stalls

The transfer of management of 14 Greek airports to German transport company Fraport has been delayed with a potential due date set for mid-March.
Posted On 23 Jan 2017

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