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Parnassos Ski Center Set for Revamp

Plans to direct financial backing from the so-called Juncker Plan to the upgrade of the Parnassos Ski Center topped the agenda of Alternate Tourism Minister Elena Kountoura’s meeting with mayors of the region.

Greek Gov’t Eyeing New Round of Airport Concessions

The Greek government is examining the possibility of a second round of airport concessions to be undertaken by a new body which will oversee the use and management of state property previously controlled by the finance ministry.

Fraport: ‘Our Engagement in Greece will Act as a Catalyst for Tourism Growth’

"We are convinced that our engagement in Greece will act as a catalyst for the growth of the country’s vital tourism sector", Alexander Zinell, Fraport Greece’s CEO, said while welcoming the parliamentary ratification of the concession agreements for the Greek regional airports...

Greek Ministers Sign Agreement for Tourism Development

Greek Defence Minister Panos Kammenos and Alternate Tourism Minister Elena Kountoura on Thursday signed a protocol of cooperation for the utilization of estate owned by the National Defence Ministry.

Crete’s Kastelli Airport Tender Extended to June 27

The bidding process for the financing, construction and operation of the new Kastelli airport project in Heraklion, Crete, has been extended until June 27, Infrastructure Minister Christos Spirtzis said, adding that six parties have thus far expressed interest.

Greek PM Launches Works on TAP Pipeline, Paving Way for 8,000 New Jobs

Speaking from Thessaloniki on Tuesday, during a special ceremony marking the launch of works on the TransAdriatic Pipeline (TAP), Greek Prime Minister Alexis Tsipras said TAP marks a new era for Greece, describing the project as one of "regional cooperation" and of great...

Major Greece Tourism Works to Get Underway Backed by Juncker Plan

Tourism is among the first sectors in Greece to receive EU funding to the tune of 112 million euros for three projects in addition to a fourth included in the infrastructure transport sector, under the EU Infrastructure Investment Plan.

Crete Airport Tender Process Deadline May be Pushed Forward

Despite having set May 6 as the final date for the submission of binding offers for the Kastelli airport project on Crete, the government just may extend the tender procedure.

New Greece Incentives Law Aims to Draw in Investment

Deductions and Exemptions, leasing and interest subsidies, and a 12-year fixed tax framework are part of a new incentives law tabled recently and set for vote by the end of the month, Economy, Development and Tourism Minister George Stathakis and Secretary General for Strategic...

Culture Ministry Doublespeak Leaves Afantou Rhodes Investment Up in the Air

The culture ministry and Rhodes authorities are at loggerheads over a decision by the former to initially declare the area of Afantou as an archaeological site despite official plans to create a golf course there and then to release a statement saying the investment can proceed...

Greece-Cosco Sign Piraeus Port Deal

China’s Cosco Group on Friday signed a 368.5-million-euro agreement with Greek privatization fund TAIPED for a majority stake in Piraeus Port Authority (OLP).

Fraport to Officially Take Over Operations at Greek Regional Airports at End of 2016

German transport company Fraport expects to officially take over the operations at 14 regional airports in Greece at the end of this year, after obtaining the necessary permits and solving some technical issues, according to the company’s CEO, Dr. Stefan Schulte.

Aldemar Group Invests in Ambitious Olympia Project

Looking to expand its services and meet the changing needs of the holidaymaker, Aldemar Group, one of the country’s leading hotel chains, is placing its bets (and capital) on the Peloponnese.

Active in Greek Tourism? Apply Now for NSRF Funds

Greek tourism sector professionals can now apply online for EU subsidies through the National Strategic Reference Framework (NSRF) 2014-2020 program, with the procedure running through to May 17.

China Expresses Interest in Crete’s Products and Tourism

China has expressed interest in importing agricultural products of Crete, especially the island's olive oil and wine.

WTTC: Tourism Investment in Greece Drops, Better Outlook in 10 Years

Greek tourism seems to slowing down this year according to the World Travel & Tourism Council (WTTC) which predicts that tourism investment in Greece is set to drop, adding however that travel receipts will mark a small rise.

Minoan Group Crete Luxury Project Gets Go-ahead from Greece

Travel firm Minoan Group has received the Greek government's final approval for the construction of a five star plus quality resort on Crete.

Athens Airport Concession Deal Talks Kick Off

The board of the Athens International Airport (AIA) decided last week to launch negotiations for the 20-year extension of the concession contract for the management of the country's largest airport.

Major Corfu Tourism Unit Gets Go-ahead

A massive tourism complex including a five-star hotel, bungalows and holiday lodgings on the Ionian island of Corfu has received the go-ahead from the culture ministry.

SETE: Over-taxation Limiting Greece Tourism Potential

Some 40 percent of Greece's tourism enterprises are currently facing serious sustainability issues, mainly due to over-taxation, according to the Greek Tourism Confederation (SETE).