Tourism Investments & Real Estate

Fraport Greece has opened the new terminal of the Mytilini “Odysseas Elytis” airport on Lesvos that includes more check-in counters and a new state-of-the-art baggage handling system.

“Half the secret to success is timing and now the timing is ideal to invest in Greece,” Tourism Minister Harry Theoharis told French entrepreneurs.

In efforts to secure year-round transport to Greece’s remote islands, the Transport Ministry has invited airlines to enter a competition for subsidies to the tune of €24.6 million.

Hard Rock International believes it was wrongly excluded from Greece’s bidding process for the operation of a casino resort in Hellinikon and announced that it will take the necessary actions.

Greece’s investor visa program has channelled more than 2 billion euros of foreign capital into the local property market since its launch in 2014.

Ways to boost island entrepreneurship topped the agenda of talks between the shipping ministry and the Greek Development Bank.

An environmental impact study for the relocation of the Parnitha Casino to the northern Athens suburb of Marousi has opened for public consultation.

Greek Shipping Minister Yiannis Plakiotakis said the government would be launching tenders for the development of 10 state-owned ports within the year.

Corfu’s historic Castello Bibelli has passed into the hands of a new owner aiming to convert it into a hotel and resort.

The sale of a 30% stake in Athens International Airport SA is setting Greece’s privatization drive into motion, said German business daily Handelsblatt.