connect with us
A Service by: GREEK TRAVEL PAGES
 

Foreign Investors Plan on Three Billion Budget

An association representing foreign investors has teamed up to deal with Greek government bureaucracy and convoluted regulations that both stall and dissuade investments in large tourism projects.
Posted On 01 Oct 2006

Investors Pressure Government for New Golf Legislation

A group of foreign real estate developers recently formed an association that aims to pressure government to revamp a golf course development law. The president of the Association of Foreign Investors in Tourism, Clemente Pinedo, says foreign investors thus far have steered clear...
Posted On 01 Aug 2006

Tender Called for Galileo Hellas Sale

Government and its consultant firm, Lazard, along with three banks (National, Emboriki, Alpha), published a call for tenders last month in foreign financial papers for the sale of Olympic Airlines' subsidiary company Galileo Hellas.
Posted On 01 May 2006

Crete Plans Construction of New International Airport

A new international airport costing more than 1 billion euros will be built on Crete, according to a government announcement. The new airport will be able to serve 5,000 holidaymakers at a time and will also serve as a transport hub for air cargo in the eastern Mediterranean.
Posted On 01 Mar 2006

Tourism Properties Turned Over to Private Investors

A number of properties of the Tourism Development Company are soon to turned over to private enterprises through long-term leasing agreements, and thus bring some much-needed coins to the state.
Posted On 01 Aug 2005

International Investor Sees Tourism As Greece’s Only Economic Engine

The Greek economy can advance and prosper in the international environment only if it develops itself to cater to up-market tourism and wealthy foreigners wishing to acquire holiday homes, said well-known investor and American fund manager, George Soros, during a recent visit to...
Posted On 01 Aug 2004

Olympic Airways Speeds Up Privatization And Gets Funds For Spata Move

Olympic Airways will relocate to the new airport at Spata come March next year following approval from the European Commission for the diversion of funds intended for plane purchases.