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Fraport Informs Greek Tourism Sector on Revamp Plans for 14 Airports

"We are conducting one of the largest investments in Greece", George Vilos, the executive director of commercial and business development of Fraport Greece said on Tuesday.
Posted On 18 Oct 2016

Green Light for Evia’s Biggest Ever Tourism Investment

RSR Eagle Resort, a tourism project planned to be created in Karystos, Evia, has entered Greece's fast-track scheme for strategic investments.
Posted On 13 Oct 2016

Minister Kontonis Says 3mn Euros to Fund Greece’s Sports Venues

A total of 3 million euros have been set aside to go towards the upgrade and maintenance of sports venues across Greece, Alternate Sports Minister Stavros Kontonis told a press conference this week ahead of the 34th Athens Marathon - The Authentic, to take place in Athens on...

Alexandroupolis Port Authority Flirting with Chinese Investors

Port authorities in Alexandroupolis, northeastern Greece, are exploring a potential collaboration with Chinese investors Sinoftone Group and Navision after signing a memorandum of cooperation.

Greece Ups Investor Visas, Aims to Bring in Cash

Greece is increasing the number of “golden visas” to individuals investing more than 250,000 euros in property, aiming to boost state coffers while offering five-year residency rights in return for real estate acquisitions or for strategic investments.

Greece’s Coveted Astir Palace Project Gets Green Light, Ready for Take-off

The Greek Council of State has approved amended plans for the sale of the historic coastal resort Astir Palace to consortium Jermyn Street Real Estate Fund IV LP.

Application Process for Greek Business Funding Opens on Oct. 12

Professionals and business owners in Greece seeking grants for their enterprises can apply for government funding under the new development law as of October 12.
Posted On 06 Oct 2016

Ministry Approves Two New Tourism Investments in Evia and Crete

Two new "strategic" tourism investments in Evia and Crete have been approved by the Greek Economy, Development and Tourism Ministry.
Posted On 30 Sep 2016

Piraeus Among World’s Top 30 Container Ports by 2018, Cosco Says

Chinese shipping giant Cosco has big plans for Piraeus aiming after its expansion to boost container volume by 35 percent by 2018.

Hellenikon Project in Greece Gets Parliament Go-ahead

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a multi-purpose hub, was given the green light by majority vote in Greek parliament.

Hellenikon Project to Bring in €14.1bn in Tax Revenue, Report Says

The massive and highly anticipated Hellenikon project along the Athenian Riviera is expected to boost state coffers by some 14.1 billion euros in tax revenues between 2016 and 2041, according to the Athens-based Foundation for Economic and Industrial Reseaerch (IOBE).

Greece Explores Cross-border E-commerce Opportunities with China’s Alibaba, Partnerships Announced

A new page in Greece's trade and tourism has opened with the recent discussions of Greek ministers and businessmen with representatives from the world’s largest e-commerce group, Alibaba, according to the Athens Chamber of Tradesmen.
Posted On 15 Sep 2016

Major Luxury Tourism Projects Across Greece to Boost Economy

Foreign investors are placing their bets on Greek tourism with more than 3,200 new rooms in the pipeline.

Cosco Obtains Majority Stake in Piraeus Port Authority

The majority stake of 51 percent of the Piraeus Port Authority's shares was transferred to China’s Cosco Group on Wednesday.
Posted On 10 Aug 2016

Opposition Over Antiquity Report Stumbling Block for Hellenikon Revamp Project

Plans to transform the abandoned Hellenikon airport complex in Glyfada into one of Europe’s largest coastal parks may yet again be put on the back burner after the culture ministry’s archaeological service through a document called for a listing of archaeological sites on the...
Posted On 09 Aug 2016

TEMES – Dogus Move Full Speed Ahead to Clinch Hilton Athens

Greek luxury resorts developer TEMES SA and Turkey’s Dogus Holdings seem likely to step in as the new owners of the Hilton Athens, after Alpha Bank said that it had selected the consortium as the preferred investor for the landmark establishment.
Posted On 08 Aug 2016

Costa Navarino Boosts Greek Economy by €1bn, Study Says

Luxury tourism resort Costa Navarino in Messinia, southwest Peloponnese, is reported to have thus far injected some 1 billion euros into the Greek economy, according to a survey presented today by Greek daily Kathimerini.

Athens Airport Concession Deal to Be Finalized in Fall

The Greek government is set to complete concession talks for Athens International Airport (AIA) in September, assets agency head Stergios Pitsiorlas, said earlier this week.

Athens Ledra Hotel Auction Postponed

The auction of the Athens Ledra Hotel has been postponed to September, after no bidders came forward on Wednesday, July 13.
Posted On 14 Jul 2016

Greece: Big Tourism Investments in the Pipeline

The Tourism Ministry on Tuesday announced that investment plans for the development of luxury resorts in various Greek destinations were currently being processed in its special "one-stop-shop" service established to facilitate large-scale projects.
Posted On 06 Jul 2016