Greece has announced plans for the revamp of the Olympic Athletic Center of Athens “Spyros Louis”, known as OAKA, under a budget of over 43.5 million euros.
Greece is winning over more foreign investors climbing to 23rd spot in 2020 in Europe from 29th in 2019, according to the latest Ernst & Young (EY) report.
Plans for Greece’s first ‘green’ skyscraper, to go up along the Athenian Riviera as part of The Ellinikon project, were recently presented by Lamda Development.
The wealth of EU resources allocated to Greece for recovery after Covid-19 are set to bring the country into the new era, according to European Commission VP Margaritis Schinas.
Although the Greek economy is showing signs of recovery, the uncertainty due to emerging Covid-19 virus mutations and their potential impact on tourism pose a risk, says the Bank of Greece.
A total of 9,000 homes with going rates as high as 25,000 euros/m2 will be constructed at Hellinikon along the Athenian Riviera, according to the head of Lamda Development that is undertaking the project.
Greek PM Kyriakos Mitsotakis has finalized an agreement for the construction of Athens’ Metro Line 4 with Alstom SA, paving the way for works to begin soon.
The findings of a new OECD report send out a message of trust in the prospects of the Greek economy, according to Greek Finance Minister Christos Staikouras.
Covid-hit business owners in Greece active in tourism, F&B, culture, sports and transport will be exempt from paying rent for June after the government extended support measures.
Greece’s national recovery and resilience plan which includes billions of euros worth of upgrade projects and reforms is expected to get the EU’s approval in June.
Greece has submitted the final draft of its ambitious national recovery plan to the European Commission, which is aimed at dealing with the repercussions of the Covid-19 pandemic.
The Greek tourism sector stands to gain from a total of 57 billion euros in funding out of Greece’s national recovery and resilience plan dubbed “Ellada 2.0”.
Greece is aiming to get on track to recovery with 160 actions worth 60 billion euros to be channeled into digital transformation, employment, health and education.
Τhe Hellinikon investment in Athens is moving closer to implementation after the Greek parliament ratified the contract transferring partial ownership of the area to Lamda Development.
