Investments

Technology giant Google’s plans to invest 2.2 billion euros in its first cloud services in Greece are expected to create 20,000 new jobs.

The Moody’s and DBRS agencies have maintained ‘favorable’ credit ratings for the Greek economy.

A tender process for the concession of the marina in Argostoli on the island of Kefalonia in Greece has been launched by the Hellenic Republic Asset Development Fund (HRADF).

Investors interested in acquiring luxury real estate consider Greece a top destination in the market, according to Greece Sotheby’s International Realty.

Greece’s outdated intercity bus services known as “KTEL” will be undergoing a major makeover which will create an airport-style hub in the area of Eleonas.

Cooperation in tourism, infrastructure and energy topped the agenda of talks between Greek PM Kyriakos Mitsotakis and the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.

Eight in 10 investments made in Greece now concern tourism, either hotels or infrastructure, says Greek Tourism Minister Vassilis Kikilias.

The Greek Development & Investments Ministry will open the application process for a new round of tourism investment support on September 5.

The Hellenic Republic Asset Development Fund has received three binding offers for the acquisition of a majority stake in the port of Igoumenitsa in northwestern Greece.

Greek authorities have announced a competition for bidding airlines interested in covering 28 state-funded domestic routes to remote islands.

Greece is aiming to utilize to the fullest a total of 320 million euros in recovery funding for tourism to upgrade infrastructure and meet the demands of investments.

The iconic Xenia Hotel and two thermal springs on the Greek island of Kythnos has been awarded to Israeli entrepreneur Avraham Ravid for a period of 99 years.

The Greek Rural Development Ministry will be allocating funds to “green” tourism projects linking agriculture with manufacture. Interested parties can apply starting July 19.

Greece’s attractiveness as an investment destination remains resilient despite challenges that are increasing uncertainty in Europe, according to a recent survey by Ernst & Young (EY).

Orama Nexus has announced plans to develop the required infrastructure to support the introduction of eVTOL (electric vertical take-off & landing) aircraft in Greece by 2026.

The Hellenic Chamber of Hotels has joined forces with Elevate Greece, a state-run platform supporting promising startup activity, aiming to further identify innovators in tourism.

Greek construction firm GEK TERNA, awarded the 30-year concession for the development of Greece’s first Integrated Resort and Casino, has entered into a partnership with Hard Rock.

The Ellinikon casino project has entered its next phase following the signing of a concession agreement between the Greek government and GEK TERNA.

Greece is shifting its tourism strategy to showcase lesser-known destinations and attract foreign investments, says Tourism Minister Vassilis Kikilias.

Greece has a number of assets to be a destination of choice for tourism investments, leading industry experts highlighted during the 7th Delphi Economic Forum.