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Travel & Tourism industry news by Greek Travel Pages (gtp)

Mitsotakis: Stability in Greece Key to Attracting Investments

Now is the best time to invest in Greece, the country's Prime Minister Kyriakos Mitsotakis said during the 30th Greek Economic Summit.

Shipping Ministry – Greek Development Bank Explore Ways to Boost lsland Entrepreneurship

Ways to boost island entrepreneurship topped the agenda of talks between the shipping ministry and the Greek Development Bank.

Parnitha Casino Marousi Move Up for Public Consultation

An environmental impact study for the relocation of the Parnitha Casino to the northern Athens suburb of Marousi has opened for public consultation.

Hellinikon Casino Tender Closer to Finalization

Greece’s gaming commission is proceeding to the next phase of procedures for the 30-year license to operate an integrated resort and casino at Hellinikon.

EBRD ‘Green Funding’ to Back Hellinikon Project

The EBRD will invest 22.7 million euros in the share capital increase of Lamda Development, the company behind the 'Hellinikon' venture.

Greek Investments Minister Says Works on Hellinikon to Start ‘As Planned’ in 2020

The Hellinikon project will move ahead as planned despite the recent delays, according to Greek Investments Minister Adonis Georgiadis.

Greece Casino Competition Marred by Conflict

A tender for the 30-year license to operate an integrated resort and casino in Hellinikon, has run into another glitch, with one of the two bidders claiming it has been excluded from the game.

Greece Prepares for Transition to Green Economy with Incentives

The Greek government is planning to introduce incentives for the support of environmentally-friendly investments.

Lamda Releases Details on Development, Financing of Hellinikon Project

Lamda Development, the consortium behind the Hellinikon venture in Greece, released details on the much-awaited project in a report for its investors.

Greece Returns to List of ‘Marketable Risk’ Countries on Jan. 1

Greece will return on January 1, 2020, to the list of “marketable risk” countries for short-term export credit insurance.

Greece Among Top 10 Best Countries in Europe to Retire

Greece is among the top 10 best countries in Europe to retire, according to a study released by Blacktower Financial Management Group.

SEV: Doing Business in Greece Still Tough

The ease of doing business in Greece is improving but at a very slow pace and with inadequate steps, according to the Hellenic Federation of Enterprises (SEV).

China’s Fosun Acquires Thomas Cook for $14.2m

Chinese conglomerate Fosun said it would be purchasing Thomas Cook for $14.2 million, weeks after the travel giant collapsed leaving thousands of holidaymakers stranded.

Radisson Reveals Plans to Expand in Greek Hotel Market

Radisson Hotel Group has revealed plans to expand in Greece's hotel market in destinations such as Athens, Thessaloniki and Patra.

Greece Revises Rules to Offer Strategic Investment ‘Flexibility’

Τhe Greek government has announced plans to make investment procedures simpler and more flexible in order to attract foreign direct investment.

Greek Shipping Striving to Meet UN 2030 Sustainability Agenda

The Greek Shipping Ministry is aiming to meet the UN’s Sustainable Development Goals by focusing on quality education, tapping into innovation and protecting the marine environment.

SEV: Investments Crucial to Improving Greece’s Competitiveness

Greece can improve its competitiveness levels by consistently implementing investments and structural reforms, says the Hellenic Federation of Enterprises.

Lamda Ready to Pour €2bn into Hellinikon Phase 1 Projects

Lamda Development plans to invest some 2 billion euros in the Hellinikon project in the next five years, up from its initial 1.1 billion euro plan.

New EIB Loan to Go Towards Greek Flood Protection Projects  

The European Investment Bank (EIB) will back new investments to protect homes and businesses across Greece from flooding and climate change.

Athens’ Hotel Room Stock to Grow by 1,000 Beds by 2021

By 2021, some 1,000 beds are expected to be added to the hotel room stock of Athens, says international hospitality consulting company Horwath HTL.