Investments

A new marina to go up in the area of Sithonia in Halkidiki, Northern Greece, has received the green light following a joint ministerial decision.

Greece’s gaming commission named Mohegan Gaming as the preferred bidder for the development of the country’s first integrated resort and casino in Hellinikon.

Nine tourism projects, which include a number of luxury resorts, are among the 14 strategic investments taking place in Greece, following government approval.

US gaming giant Mohegan has offered 150 million euros for the 30-year right to operate Greece’s first integrated resort and casino in Hellinikon on the Athenian Riviera.

Greece is proceeding with major investments in the areas of tourism, energy and technology, with the recently announced Microsoft deal leading the way.

Microsoft Corp will invest in the creation of a new data hub in Greece, expected to stimulate entrepreneurship and investment activity.

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.

Major infrastructure works are underway in Thessaloniki, which are expected to contribute to the development of the city as a trade hub and a significant tourism destination.

Greece’s highest court has issued its final decision and ended a legal conflict over the 30-year permit to run a casino at the Hellinikon area in Athens.

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.

Greece’s highest court is expected to issue its final decision and end a legal conflict over the 30-year permit to run a casino at the Hellinikon area in Athens.

The Greek Environment and Energy Ministry has given the green light for the casino on Mt. Parnitha to relocate to the northeastern Athens suburb of Marousi.

Fraport Greece has completed renovation and upgrade works at 11 out of the 14 Greek regional airports it manages and operates.

TIF-Helexpo on September 28 will launch the first phase of an international architectural design competition for the revamp of Thessaloniki’s exhibition center

The draft presidential decree concerning the overhaul of the Thessaloniki International Exhibition Center has been submitted to the Council of State for approval.

Greece has increased its absorption rate of EU resources – known in Greek as ESPA funds – since July 2019 compared to other member states.

Chinese investors who purchased property in Greece under the Golden Visa scheme, are expressing their discontent with Covid-19 travel restrictions.

A 202-berth marina, part of the Elounda Hills tourism project to go up on Crete, has received the go-ahead following a joint ministerial decision.

Greece and the United Arab Emirates have announced a series of joint actions in tourism for the 2020-2022 period.