Investments

Greek train operator Trainose was recently sold to Italian state railway group Ferrovie dello Stato (FS) Italiane for a sum of 45 million euros.

Grivalia Hospitality has made its first investment and acquired 60 percent of the Pearl Island Project in Panama from Dolphin Capital Investors (DCI).

The Greek government is planning changes to the so-called golden visa program extended to foreign nationals investing in property in efforts to make it more attractive.

January 31 is the deadline for all interested parties wishing to gain access to subsidies under the new development law estimated by the end of 2020 to distribute some 4.2-4.3 …

The privatization of the plot at Kassiopi, Corfu, has been completed and will pave the way for a major tourism investment that adds up to some 100 million euros.

The Stavros Niarchos Foundation invites the Greek State to accept delivery of the SNFCC project and begin operating it for the benefit of society at large.

The European Investment Bank (EIB) announced on Thursday the launch of a 1 billion euro “Loans for SMEs and MidCaps” credit line to Greek banks.

The European Investment Fund (EIF) and the Greek economy ministry signed a funding deal to establish a 260 million euro risk capital Fund-of-Funds which will facilitate access to finance for …

Home Holdings has acquired the majority stake in the share capital of Ionian Hotel Enterprises, owning company of Hilton Athens.

Tourism Minister Elena Kountoura recently held a series of meetings in Toronto to promote Greece as a preferred tourist destination to Canadian travellers.

Boosting investments and upgrading port infrastructure to facilitate incoming cruise tourism topped the agenda of talks between the Piraeus Port Authority and the municipality recently.

The Greek Finance Ministry has tabled a draft bill in parliament that gives the green light for a casino to be built in Hellenikon.

Tourism Minister Elena Kountoura invited top entrepreneurs to invest in the growing Greek tourism sector, during the 18th Capital Link Forum in New York.

Activities relating to Greek tourism are set to tap into some 300 million euros in EU subsidies, the Secretary General for Tourism Policy and Development, Yiorgos Tziallas recently informed.

Over 300 million euros in EU subsidies through the National Strategic Reference Framework (NSRF) 2014-2020 program will be allocated for co-financed actions relating to tourism in Greece.

The first building to be constructed as part of an eight-billion-euro project to develop Hellenikon, Athens’ former airport is said to be a casino resort on the Agios Cosmas marina …

Greek National Tourism Organisation (GNTO) Secretary General Dimitris Tryfonopoulos invited Arab entrepreneurs to invest in Greek tourism during the 5th Arab-Hellenic Economic Forum held in Athens.

Trump Entertainment Resorts, owned by the 45th president of the United States, Donald Trump, is said to be showing an interest in the Club Hotel Casino Loutraki in Greece, which …

Hotels or properties in central Athens suitable to become accommodation facilities are seeking investors who will take over and give them a new lease on life.

Ensuring the sale of a 67 percent stake in the Thessaloniki port authority moves ahead swiftly and trouble free tops the agenda of new incoming shipping minister Panagiotis Kouroumblis.