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Fraport Greece Airports Boost Parent Company Profits

Fraport Greece has boosted German operator Fraport’s turnover by approximately 181.4 million euros since April, when it took over 14 Greek regional airports.
Posted On 03 Nov 2017
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FS Italiane: Speed Train on Athens-Thessaloniki Route in January 2018

Ferrovie dello Stato Italiane, owner of Greece’s train operator Trainose, in January is aiming to launch a new passenger speed train to run the Athens-Thessaloniki route.
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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Greece Properties Selling to Foreigners, Golden Visa an Incentive

All the more foreign nationals are interested in buying property in Greece with the real estate market picking up pace, particularly due to the golden visa program.
Posted On 30 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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Athens Airport Management Plans to Invest €400m in Upgrades

Athens International Airport's operator has announced plans to put 400 million euros into the upgrade of the airport, over the next five years.
Posted On 17 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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Study Shows Greeks Still Distrust Banking System

More than half of all Greeks distrust the banking system according to a study focusing on capital restrictions, conducted by business consultants Alvarez & Marsal.
Posted On 16 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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IOBE: Greece’s Economic Climate Improving

Greece’s economic climate showed signs of recovery in September, boosted by positive tourism performance and political stability, according to IOBE think-tank.
Posted On 03 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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Moscovici Sees a Stronger Greece Regaining Market Trust

European Commissioner Pierre Moscovici said growth has returned, jobs are being created and investors are again expressing interest in Greece.
Posted On 27 Sep 2017
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Eldorado to Continue Mining Operations in Greece After Ministry Meeting

Canadian mining company Eldorado Gold said it has temporarily postponed its decision to suspend operations in Greece after having entered “constructive dialogue” with officials.
Posted On 21 Sep 2017
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Photo Source: Athens International Airport
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Athens Airport Gets 20-year Concession Extension

Athens International Airport’s concession to run the country’s largest airport for the next 20 years has received the green light.
Posted On 20 Sep 2017
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The Hellenikon project, Photo Source: Lamda Development
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Forestry Dept, Archaeology Council Still Keeping Hellinikon Project on Hold

Set to bring billions of euros into state coffers and create over 70,000 jobs, the Hellinikon project along the up-and-coming Athenian Riviera is still on hold.
Posted On 18 Sep 2017
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Italian PM Paolo Gentiloni and Greek PM Alexis Tsipras, Photo Source: @ Alexis Tsipras
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Investment Key to Greece-Italy Ties, FS-Trainose Deal Paves the Way

Βoosting investments and strengthening ties are key to improving the region's economic climate, Italian PM Paolo Gentiloni said before the Trainose deal was finalized.
Posted On 14 Sep 2017
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The Skouries Mine, Photo Source: Eldorado Gold
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Eldorado’s Greece Mining Project Gets Pending Permits at 11th Hour

Greece said it would grant pending permits for Eldorado Gold's "Olympias" project, after the mining company said it would halt the investment.
Posted On 14 Sep 2017
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Juncker Says Greece the Greatest Challenge of his Political Career

European Commission President Jean-Claude Juncker admitted in Strasbourg on Wednesday that Greece was among the toughest issues on his agenda.
Posted On 14 Sep 2017
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Fraport: Airport Upgrade Projects in Greece Proceeding as Scheduled

Transport company Fraport has informed that infrastructure upgrades at the 14 Greek airports it manages will begin this autumn.
Posted On 13 Sep 2017
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Greek Growth Rate Below Par, Eldorado Suspends Investment

Greece’s growth rate was lower than expected, up by 0.8 percent in the second quarter of 2017 from 0.4 percent in the previous quarter, the Hellenic Federation of Enterprises (SEV) said. 
Posted On 12 Sep 2017
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