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Ellaktor Sells Stake in Athens Resort Casino

Greek construction firm Ellaktor has sold a 30 percent share of Athens Resort Casino SA to Karenia Enterprises Company Ltd for 13.5 million euros.

Piraeus Port Upgrade Master Plan Soon Up for Public Discussion

A master plan for the development of the Piraeus Port Authority (PPA) is set to go up for public discussion with municipalities and local stakeholders in February.

Greek Casino Law Causes Commotion

Authorities on Santorini and Mykonos have expressed their opposition over revisions to a legal framework, covering the licensing procedures and operation of casino ventures.

First Steps Towards Kaiafa Lake Area Overhaul 

The invitation for the modernization of infrastructure at Kaiafa Lake in southwestern Greece, including the area’s thermal springs, was issued on Monday.

Greek Shipping Giants Purchase Most Second-hand Vessels in 2017

Greek shipping magnates spent over 4.47 billion dollars in second-hand vessels, accounting for 23 percent of all investments in used ships in 2017.

Four Suitors Vying for Athens Metro Line 4 Shortlisted

Four contractors have been shortlisted to take on one of the Greek capital’s major infrastructure works, the expansion of Athens metro Line 4.

Draft Bill Lays Out Framework for Greece Casino Operation, Taxation

A legal framework covering the licensing procedure and operation of casino ventures in Greece is up for discussion in an omnibus bill tabled in parliament.

Athens’ Academy Gardens Mall Gets Green Light

A mall budgeted at 350 million euros to be erected in the inner-city neighborhood of Akadimia Platonos, southwestern Athens, has received the go-ahead.

Greek Assets Fund Seeking Ways to Put 10 Ports to Good Use

Ten state-owned regional ports across Greece will soon be open to concessionaires wishing to tap into their potential.
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Stayover Tax, New Destinations, Airline Links Key to Greek Tourism 2018

It’s going to be a pivotal year ahead for Greece’s tourism sector, which broke all records in 2017 and aims to do the same in 2018.

Greek Omnibus Bill Revisions Aim to Facilitate Business Activity

In efforts to attract investments to Greece, the economy ministry has made five revisions to an omnibus bill set to be voted on in parliament on January 15.

Greek Spa Tourism Needs Regulatory Framework to Take Off

Technical specifications and setting out protected zones are the prerequisites for the development of thermal springs and spa tourism in Greece.

Asteras Vouliagmeni Project Gets Go-ahead from Greek Gov’t

Greek ministers have signed a decision for the development works at the Asteras Vouliagmeni site to begin immediately.

Hellinikon Project Expected to Begin in mid-2018

Deputy Minister of Economy and Development Stergios Pitsiorlas expects works for the multi-million-euro Hellinikon investment project to begin in mid-2018.

Hellinikon Project Gets Green Light from Greek Gov’t

The Presidential Decree that paves the way for the development of the multi-million-euro Hellinikon project was signed in Athens.

Diplomats Say Greece Ready for Investments

Investment opportunities and options are available in Greece, say the ambassadors of the US, France, Germany and Spain that are serving in Athens.

Thessaloniki Port 67% Sale Agreement Signed

Greek assets fund TAIPED signed an agreement for the sale of a 67% stake of the Thessaloniki Port Authority to SEGT Limited for 231,926 million euros.

German-Hellenic Chamber Sets Goals for 2018

The German-Hellenic Chamber of Commerce will hold business missions to Latin America, Asia and the Arab Gulf to promote Greece's investment opportunities.

Greek Hotel Investments Set to Go Full Steam Ahead

Eight billion euros worth of hotel investments will be materializing in the coming years in Greece, on the back of soaring tourism arrivals.

Thessaloniki Port: Share Purchase Agreement for 67% Stake to be Signed

The share purchase agreement for the 67 percent stake of the Thessaloniki Port Authority is expected to be signed on Friday, December 15.