Tourism Investments & Real Estate

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 along the Athenian Riviera.

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 is up for sale.

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.

The waterways on the islands of Corfu and neighboring Paxi are moving full speed ahead after receiving approval for all contract procedures, regional authorities said this week.