Reaching out to the tourist markets of the Middle East and promoting new partnerships with Arab world countries is a strategic choice of the Greek government, according to Alternate Tourism Minister Elena Kountoura.
Hong Kong-based shipping giant Cosco has slated 140 million euros for works to be completed in 2017 in efforts to make the port of Piraeus a major cruise and transhipment hub for travel and trade between Asia and Eastern Europe.
TEMES, the developer of Costa Navarino in the Peloponnese, and D-Marine Investments Holding, a subsidiary of Turkey's Dogus Holding, have agreed with Alpha Bank to acquire its majority stake (97.3 percent) in Ionian Hotel Enterprises, the owning company of Hilton Athens.
The sale of the landmark coastal Astir Palace resort to Apollo Investment Holdco - a subsidiary of consortium Jermyn Street Real Estate Fund IV LP - has been completed, with the project ready for take-off four years after the procedure began.
Greece's Council of State, the country's highest administrative court, has dismissed six motions that were against the concession agreement for the transfer of the management of 14 Greek regional airports to a consortium led by German transport company Fraport.
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...
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.
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).