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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.

Qatar’s Al Rayyan Canceling Plans to Invest in Greece

Qatari state company Al Rayyan has said that it will cancel investment activities in Greece because the country's "attitude towards investors is negative".
Posted On 22 Sep 2017

Forestry Dept, Archaeology Council Still Keeping Hellinikon Project on Hold

Set to bring billions of euros into state coffers and create over 70,000 jobs, the Hellinikon project along the up-and-coming Athenian Riviera is still on hold.

Fraport: Airport Upgrade Projects in Greece Proceeding as Scheduled

Transport company Fraport has informed that infrastructure upgrades at the 14 Greek airports it manages will begin this autumn.

Greek Travel Startup ‘Welcome Pickups’ Clinches Funding, Ready for Expansion

Greek travel startup Welcome Pickups has clinched seed funding of 1.65 million euros to be used to expand services and boost its network of destinations.

French President Macron: Greece is Returning to Growth

President Emmanuel Macron arrived in Athens on Thursday, September 7, and expressed France's support to Greece's effort for recovery and prosperity.
Posted On 07 Sep 2017

Hellenikon Project Turning into Pipe Dream Amid Approval Games

The multi-billion-euro Hellenikon land project on the Athenian Riviera has received the green light from the Central Council for Modern Monuments.

Multi-billion-euro Hellenikon Investment Dogged by Delays… Again

The highly anticipated Hellenikon project along the Athenian Riviera has run into the scrutiny of Greece’s Central Archaeological Council (KAS).

Ernst & Young: Foreign Direct Investment Lagging Behind in Greece

Foreign direct investment projects in Greece over the 2011-2015 period were lagging behind compared to other European countries, according to Ernst & Young (EY).

Northern Greece Ports Attracting Investor Interest

The Thessaloniki Port Authority sale is set to be completed by mid-September, paving the way for the sale of the Kavala and Alexandroupolis ports in northern Greece.
Posted On 31 Aug 2017

Ministry to Launch 10 Funding Programs for SMEs in Tourism and More

In the upcoming period the Greek economy ministry will launch ten EU funding programs totalling 600 million euros for the support of new business ventures.
Posted On 31 Aug 2017

Greek Hotel Group Lampsa Eyes Central Athens Ventures

Greek hotels group Lampsa SA is expecting in the immediate future the go-ahead via competitions for two projects in the heart of Athens.
Posted On 31 Aug 2017

July Container Traffic from Piraeus Down by 4.4%

Outbound container traffic from Piraeus dropped by 4.4 percent in July but reported positive performance in the first seven months of the year, up by 2.5 percent.

Hellinikon Plans to Include Six Towers, Metropolitan Park

A 7-billion-euro project to develop Hellinikon, Athens' former airport, will include the construction of six 200-meter-tall buildings.
Posted On 28 Jul 2017

Potential for Alexandroupolis Port, Tender in the Fall

A tender for the management of Alexandroupolis port in northeastern Greece, is set to be launched in the fall, the port authority announced this week.
Posted On 27 Jul 2017

One in 10 New Hotels in Greece a Five-Star

Hospitality and accommodation in Greece is becoming better than ever with one in five new hotels offering five-star services.
Posted On 25 Jul 2017

Greek Hospitality Sector Welcomes New Hotels

The hospitality sector in Greece this year is welcoming the opening of new hotels in Athens and in different parts of the country.
Posted On 18 Jul 2017

Thessaloniki Port Authority Management Has Big Plans

Transforming Thessaloniki port into a gateway to the Balkans is the priority of a consortium of three companies, which have stepped in as the port’s new managers.

Economy Minister: Greece to See Signs of Growth, More Investments in 2017

The Greek economy will mark the first signs of growth this year and see an increase in investments, according to Economy and Development Minister Dimitris Papadimitriou.

IOBE: Thessaloniki Port Privatization to Bring in €1.6bn in Next Decade

The privatization of the Thessaloniki Port Authority is expected to contribute to GDP growth in Greece by up to 1.6 billion euros by 2026, IOBE think-tank says.
Posted On 22 Jun 2017