Investments

The Greek government’s investor visa scheme is reviving Greece’s property market with hundreds of new permits issued during the first ten months of 2021.

Property developer Lamda Development says its urban regeneration project in Ellinikon will be created from the ground up as a smart and sustainable city.

Greece has launched its new national “GR-eco Islands” initiative aiming to kickstart the energy-saving transition of its islands, starting from Chalki.

Sani/Ikos Group has announced plans to open its first hotel complex under the Ikos Resorts brand on the island of Crete at a cost of 125 million euros.

Greece is looking to maximize the value of its public property by attracting investor interest, acccording to Public Properties Company (ETAD) CEO Stefanos Vlastos.

Major international hospitality brands, including Meliá and Accor, are betting on Greece and announcing plans to further expand in the Greek market.

A tender for the exploitation of the former US military base of Gournes on Crete, also referred to as the “mini-Ellinikon”, has attracted four bidders.

Loutraki, a Greek coastal town just an hour’s drive from Athens, is set to undergo a major transformation in an attempt to cover lost ground and attract more travelers.

Greek company GEK TERNA now stands alone in the development of the integrated casino complex at Ellinikon after US-based investors MGE decided to withdraw from the process.

The tender for the selection of consultants for the development of Kalamata Airport in Greece has been completed.

Tourism, investments and trade topped the agenda of talks between Greek ministers and Saudi Arabia Investment Minister Khalid bin Abdulaziz Al-Falih.

Greece’s attractiveness as an investor destination and stronger export activity are two crucial indicators of a robust economy, says Greek PM Kyriakos Mitsotakis.

Nine potential investors are interested in acquiring a majority stake of at least 67 percent of the Heraklion Port Authority.

“Thessaloniki is changing,” Greek PM Kyriakos Mitsotakis recently said when referring to development projects that will be key to the city’s economic growth.

The new Thessaloniki ConfEx Park, once completed, will be Europe’s greenest exhibition and conference center, according to Greece’s national exhibition body TIF-Helexpo.

The Hellenic Civil Aviation Authority has approved the updated master plan for the construction of the new Kastelli Airport on the Greek island of Crete.

Greek authorities have set aside 4 billion euros to connect major ports with the country’s railway network.

Greece is adding major tourism projects to its strategic investments program which foresees fast-track procedures.

Investments and exports are expected to boost the Greek economy as Greece and the US enter a renewed period of cooperation.

The Piraeus Port Authority is aiming to implement a series of actions that will upgrade the country’s largest port bringing it in line with “green” policies.