Investments

The invitation for the modernization of infrastructure at Kaiafa Lake in southwestern Greece, including the area’s thermal springs, was issued on Monday.

Greek shipping magnates spent over 4.47 billion dollars in second-hand vessels, accounting for 23 percent of all investments in used ships in 2017.

Four contractors have been shortlisted to take on one of the Greek capital’s major infrastructure works, the expansion of Athens metro Line 4.

A legal framework covering the licensing procedure and operation of casino ventures in Greece is up for discussion in an omnibus bill tabled in parliament.

A mall budgeted at 350 million euros to be erected in the inner-city neighborhood of Akadimia Platonos, southwestern Athens, has received the go-ahead.

Ten state-owned regional ports across Greece will soon be open to concessionaires wishing to tap into their potential.

It’s going to be a pivotal year ahead for Greece’s tourism sector, which broke all records in 2017 and aims to do the same in 2018.

In efforts to attract investments to Greece, the economy ministry has made five revisions to an omnibus bill set to be voted on in parliament on January 15.

Technical specifications and setting out protected zones are the prerequisites for the development of thermal springs and spa tourism in Greece.

Greek ministers have signed a decision for the development works at the Asteras Vouliagmeni site to begin immediately.

Deputy Minister of Economy and Development Stergios Pitsiorlas expects works for the multi-million-euro Hellinikon investment project to begin in mid-2018.

The Presidential Decree that paves the way for the development of the multi-million-euro Hellinikon project was signed in Athens.

Investment opportunities and options are available in Greece, say the ambassadors of the US, France, Germany and Spain that are serving in Athens.

Greek assets fund TAIPED signed an agreement for the sale of a 67% stake of the Thessaloniki Port Authority to SEGT Limited for 231,926 million euros.

The German-Hellenic Chamber of Commerce will hold business missions to Latin America, Asia and the Arab Gulf to promote Greece’s investment opportunities.

Eight billion euros worth of hotel investments will be materializing in the coming years in Greece, on the back of soaring tourism arrivals.

The share purchase agreement for the 67 percent stake of the Thessaloniki Port Authority is expected to be signed on Friday, December 15.

Greek Prime Minister Alexis Tsipras invited investors to bet on Greece describing the country as a “land of opportunity”.

Hospitality giant Wyndham Hotel Group announced that it will continue to expand its presence in Greece in 2018 in collaboration with Zeus International.

Lampsa Hellenic Hotels SA has completed the long-term lease of the building that once housed the historic Kings Palace Hotel located in Athens.