Investments

Set to bring billions of euros into state coffers and create over 70,000 jobs, the Hellinikon project along the up-and-coming Athenian Riviera is still on hold.

Tourism and hospitality groups Sani/Ikos and Gencom have received the green light to proceed with major tourism investments on the islands of Kos and Santorini, respectively.

Βoosting investments and strengthening ties are key to improving the region’s economic climate, Italian PM Paolo Gentiloni said before the Trainose deal was finalized.

Greece said it would grant pending permits for Eldorado Gold’s “Olympias” project, after the mining company said it would halt the investment.

Transport company Fraport has informed that infrastructure upgrades at the 14 Greek airports it manages will begin this autumn.

The deal between Greek train operator Trainose and Italian railway group Ferrovie dello Stato (FS) Italiane will be finalized on September 14 on Corfu.

The Greek economy is showing signs of recovery, attracting the interest of foreign investors, PM Alexis Tsipras said at the 82nd Thessaloniki International Fair.

Aiming to help strengthen EU member Greece to return to markets, President Emmanuel Macron invited French investors to show trust in the country.

The multi-billion-euro Hellenikon land project on the Athenian Riviera has received the green light from the Central Council for Modern Monuments.

Greek Prime Minister Alexis Tsipras and his Bulgarian counterpart Boyko Borisov singed an MoU for the construction of a railway line to link the two countries.

The highly anticipated Hellenikon project along the Athenian Riviera has run into the scrutiny of Greece’s Central Archaeological Council (KAS).

Mykonos, Santorini, Paros and Rhodes are among the top choices for buyers seeking to invest in luxury holiday accommodation.

Tourism Minister Elena Kountoura recently held a series of meetings in New York and spoke about the investment opportunities brought by Greece’s tourism industry.

Robust growth of the tourism sector can only be achieved by investing in quality, says Hellenic Chamber of Hotels (HCH) president George Tsakiris.

The Thessaloniki Port Authority sale is set to be completed by mid-September, paving the way for the sale of the Kavala and Alexandroupolis ports in northern Greece.

In the upcoming period the Greek economy ministry will launch ten EU funding programs totalling 600 million euros for the support of new business ventures.

Greek hotels group Lampsa SA is expecting in the immediate future the go-ahead via competitions for two projects in the heart of Athens.

Greece’s shipping fleet, among the world’s strongest, grew by 0.9 percent in June 2017, according to the Hellenic Statistical Authority.

Greek tourism is set to play a leading role in the recovery of the Greek economy estimated at boosting the GDP by 20% in 2018, Alpha Bank analysts said.

Executives of the Hellenic Capital Market Commission and the Athens Stock Exchange will visit Beijing to present the advantages of the golden visa program to Chinese investors.