The historic Xenia property on Chios will reopen to visitors following its renovation as a modern hotel unit by Avlum Enterprises Company Limited of the Tsakos Group.
Foreign investments in tourism, logistics and real estate are set to drive growth for Greece in the coming years, says the EY Attractiveness Survey for 2020.
The US and Greece have strengthened ties further after a two-day visit by US Secretary of State Mike Pompeo that focused on politics, economy and energy.
Greece is still winning over investors, despite the Covid-19 crisis, as landmark projects like Hellinikon enter materialization phase, according to Investments Minister Adonis Georgiadis.
Enterprise Greece has teamed up with e-commerce company eBay for the promotion of Greek products and services to more than 182 million buyers in 190 markets worldwide.
Athens’ tram service will be enhanced with the addition of 25 new urban tram cars by 2021, two of which were recently delivered to the company’s Hellinikon depot.
Greece saw its GDP plunge by 15.2% in the second quarter of 2020 compared to the same period a year ago, affected by the Covid-19 pandemic, according to ELSTAT.
Despite the slowdown in tourism and the far-reaching repercussions of the coronavirus pandemic, Greece’s debt remains durable, Moody's Investors Service said in a report.
