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One Prerequisite Down Nine to Go for Hellinikon Project to Move Ahead

Of the 10 conditions for the Hellinikon project to move ahead only one has been met, while investors say it will take a decade to clear outstanding issues.
Posted On 08 Nov 2017
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Santorini island. Photo © Maria Theofanopoulou
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Greek Hotels Becoming Attractive Investment Option

Increasing tourism flows and dropping prices are making Greek hotels an attractive investment choice with hospitality units on the islands winning over buyers.
Posted On 07 Nov 2017
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Dolphin Capital Inks Deal with Kerzner for Kea Island Luxury Tourism Project

Dolphin Capital has entered into an agreement with Kerzner for the development of a luxury tourism project on Kea in Greece.
Posted On 02 Nov 2017
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Plans for Skyscrapers at Hellinikon Raising Concerns

The Hellinikon project is facing a new obstacle as the Central Archaeological Council (KAS) must now decide on whether or not to allow the construction of six high-rise buildings.
Posted On 31 Oct 2017
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Photo Source: @Astir Palace
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Astir Palace Project Moves a Step Ahead After Minister’s Approval

Greek Culture Minister Lydia Koniordou has approved the investment plan and the environmental impact study for the overhaul of Astir Palace in Vouliagmeni.
Posted On 26 Oct 2017
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Photo Source: @Prime Minister GR
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Defence, Energy, Trade Top Trump-Tsipras Talks

Greek Prime Minister Alexis Tsipras and US President Donald Trump discussed cooperation in the areas of defence, energy and trade during a meeting in Washington.
Posted On 18 Oct 2017
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Investment Key to Recovery, Greek PM in US to Stimulate Interest

Greek Prime Minister Alexis Tsipras is currently on an official visit to the US, where he is making efforts to stimulate investor interest.
Posted On 16 Oct 2017
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Xenia Hotel in Nafpaktos to Become Cultural, Conference Center

The Municipality of Nafpaktos has announced plans to transform the historic Xenia hotel into a cultural and conference center.
Posted On 16 Oct 2017
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Greek Archaeological Council Gives Asteras Vouliagmeni Clearance

Greece's archaeological council has approved environmental impact studies submitted for the development of the Asteras peninsula in Vouliagmeni.
Posted On 12 Oct 2017
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China, Russia, Turkey Investors Top Golden Visa Greece List

The largest number of buyers seeking to invest in Greece, through the "golden visa" program, are from China, Russia and Turkey.
Posted On 11 Oct 2017
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Greek Thematic Tourism Projects to Get ‘Interreg’ Funding

Greek thematic tourism projects are to receive funding through the EU’s Interreg V (Greece-Cyprus 2014-2020) program.
Posted On 11 Oct 2017
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TUI Invests in Greece: 10 New Hotels and More Cruise Ship Visits

Travel giant TUI plans to expand its presence in Greece by opening 10 new upscale hotels and adding more visits from its cruise ships to Greek ports.
Posted On 06 Oct 2017
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Revamp of Greek Regional Airports to Begin in November

Development and upgrading works at Greek regional airports, taken over by the Fraport consortium, are expected to begin in early November.
Posted On 06 Oct 2017
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TUI on Greece: ‘We are Here to Stay’

Travel giant TUI is interested in strengthening its investment in destination Greece and extending the country's tourism season.
Posted On 05 Oct 2017
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Thirty Hectares at Hellinikon Former Airport Declared as Archaeological Site

The Greek Central Archaeological Council has decided that some 30 hectares of the 620-hectare plot at Hellinikon will be classified as an archaeological site.
Posted On 04 Oct 2017
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Property Tax Burden Forcing Greek Isle Owners to Sell at Discount

All the more Greek islands, currently 40, are up for sale with prices going down by as much as 60 percent since the beginning of the crisis.
Posted On 03 Oct 2017
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Piraeus Bank Backs SMEs with €700m, EIB Opens New Athens Office

Small and medium-sized businesses in Greece will be able to tap into a total of 700 million euros of funding by EIB, EIF and EBRD, through local Piraeus Bank.
Posted On 02 Oct 2017
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The Hellinikon project.
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Greek Archaeological Council Postpones Decision, Hellinikon Project on Ice

The Hellinikon project is still in limbo after the Central Archaeological Council postponed its decision on whether the site has areas of archaeological importance.
Posted On 28 Sep 2017
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EIB to Finance Greek Tourism Infrastructure Projects

In efforts to support tourism infrastructure projects in Greece, the European Investment Bank (EIB) is planning to approve loans of up to 2 billion euros, according to European Commissioner Corina Crețu.
Posted On 25 Sep 2017
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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.
Posted On 22 Sep 2017
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