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EU ELEMED Project: Greece to Offer Shoreside Electrical Power to Seacraft

Shoreside power units will be installed at two ports in Greece, at Kyllini and Piraeus, as part of the EU’s ambitious ELEMED project.

Piraeus Master Plan Gets 10-day Extension for Deliberation

The period for public deliberation of the master plan for the revamp of the Piraeus Port has received a 10-day extension.

Fourth Tranche for Greece Hinges on Hellinikon Project Approval

The Hellinikon investment project, set to be developed at the former Athens airport, is still hinging on the approval of the Council of State.

Foreign Real Estate Agents Eyeing Greek Market

Foreign real estate agencies are aiming to get a bite out of Greece's booming market by offering their services to buyers seeking for properties in Athens and other destinations.

Ai Stratis Earthquake-hit Village to be Restored

A village on the North Aegean island of Agios Efstratios is set to be restored 50 years after a fatal earthquake struck, destroying more than 2,000 buildings.

Transport Ministry to Launch Tender for Santorini Port Upgrade

The Greek Transport Ministry has set aside 8.4 million euros to be used to fund the upgrade of the Athinios port on the Cyclades island of Santorini. 

Greek Tourism Investment Opportunities Presented in Zagreb

International investment funds, attending the Adria Hotel Forum in Zagreb, were informed on the promising opportunities available in the Greek tourism sector.

National Development Plan Set to Stimulate Greek Economy

The Economic and Social Council of Greece recently presented a national development plan, aiming to spur financial activity and restore the country to the economic markets.

Rhodes’ Historic Capsis Returns as Akti Imperial Resort

The legendary Capsis Hotel on Rhodes is back completely renovated and will open its doors under the name Akti Imperial Deluxe Resort & Spa on May 23.

Zeus International Expands to Italy with Milan’s Hilton Garden Inn

Athens-based investor and developer Zeus International has taken on the management of the Hilton Garden Inn located in Malpensa, Milan.

Greece Flirts with Netflix, Disney, Paramount

Aiming to attract film producers to Greece, Digital Policy Minister Nikos Pappas visited Netflix, Disney and Paramount during his trip to the US.

Greek Real Estate Tax Hinders Property Investment Market

The Greek economy is losing in foreign investment due to a levy imposed on real estate investment companies (REICs) as of 2016.

US Ambassador: Investments in Greece Picking Up in 2018

All the more US investors are seeking ways to collaborate with Greek enterprises, according to US Ambassador to Greece Geoffrey Pyatt.

Chios Marina Attracts Three Investment Schemes

The marina on the island of Chios has attracted three investment schemes, according to Greece's state privatization fund.

New Luxury Hotels to Open on the Greek Islands in 2018

Visitors to the Greek islands this year will find many new luxury hotels to choose from as a number of major investment projects are near completion.

Ten Investment Schemes Express Interest for Greece’s Alimos Marina

Ten investment schemes have expressed an interest for a concession to operate the marina in Alimos in Greece.

Privatizations Set to Boost Greek State Coffers by €2bn

Greece’s international lenders and the government are estimating that privatization projects will boost state coffers by some 2 billion euros this year.

Greek Property Federation: Overtaxation Turning Away Investments

Overtaxation is turning away investors, while buyers are spending money on real estate in tourist destinations, according to the Hellenic Property Federation.

Greece Looks Into Port Security System Upgrade Projects

Port authorities in Greece recently discussed ways to finance the provision and installation of security and surveillance systems at Greek ports.

Kyvernitis Travel Takes Over Tourism Company HRG Greece

The Kyvernitis Travel group recently acquired HRG Greece, a company specializing in the tourism and MICE industry.