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Hellenikon Project to Bring in €14.1bn in Tax Revenue, Report Says

The massive and highly anticipated Hellenikon project along the Athenian Riviera is expected to boost state coffers by some 14.1 billion euros in tax revenues between 2016 and 2041, according to the Athens-based Foundation for Economic and Industrial Reseaerch (IOBE).

Hellenikon Project in Greece Gets Parliament Go-ahead

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a multi-purpose hub, was given the green light by majority vote in Greek parliament.

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.

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.

Lamda Says Hellinikon ‘Cannot Be Materialized’ Due to Double Talk

Hellinikon Global, the managing investor of the Hellinikon project, said that the investment cannot proceed due to continuous set backs and political double speak.

Hellinikon Investor Lamda Calling for More Actions Fewer Words

Lamda Development is ready to launch works at Hellinikon, as long as the Greek government displays the political will for the project to materialize.

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.