Alimos Marina. Photo source: @cstaikouras.gr One of Greece’s largest concession deals: the 40-year right to manage and exploit the Alimos Marina by a subsidiary of Greek company Aktor Concessions SA was finalized at a handover ceremony on Thursday. The Hellenic Republic Asset Development Fund (HRADF) granted “Development of New Alimos Marina SA” the concession of
One more month in 2020, Greece’s accommodation and food & beverage (F&B) service providers saw revenues in the third quarter (Q3) of the year drop, reflecting the enduring impact of the coronavirus (Covid-19) pandemic, data released on Friday by the Hellenic Statistical Authority (ELSTAT) reveals. According to ELSTAT, due to the significant weight these
Greek Tourism Minister Harry Theoharis invited investors to bet on Greece and particularly on the potential of the tourism sector where there is plenty of space of growth. Speaking at the 22nd annual “Capital Link Invest in Greece Forum”, Theoharis confirmed that eight investments amounting to 1 billion euros had received the green light through […]
Greek Finance Minister Christos Staikouras announced on Tuesday a new round of 7.5 billion euros in Covid-19 relief aid for businesses and employees for 2021. Speaking in parliament, Staikouras reiterated that the government’s priority was to “support society for as long as necessary”, adding that an estimated 30.5 billion euros is available until the end […]
Athens, Greece Greece must focus on accelerating key infrastructure upgrades and particularly iconic projects that will bring added value to destinations if it wishes to make good on the reputation it built during the Covid-19 pandemic and remain highly competitive, a study released this week by INSETE, the Greek Tourism Confederation’s (SETE) research arm, found.
Greece is gaining ground with investors looking for opportunities thanks in large part to its recovery program and despite the Covid-19 pandemic, according to the latest Ernst & Young (EY) report released on Monday. Based on findings of a follow-up to its Attractiveness Survey Europe 2020 report, 2 percent of investors polled place Greece among […]
Greek Culture Minister Lina Mendoni and Lamda Development CEO Odisseas Athanasiou. The Greek Culture Ministry and the consortium behind the multi-billion-euro Hellinikon project to go up at Athens’ former airport in the southern suburbs, agreed this week to protect all antiquities on the premises while at the same time ensuring works proceed according to schedule […]
Greek authorities reached out to US investors inviting them to do business in Greece during the 31st Annual Greek Economic Summit organized this week by the American-Hellenic Chamber of Commerce. Deputy Minister for Economic Diplomacy and Openness Kostas Fragogiannis referred to the dozens of new business opportunities opening up in Greece right now as part […]
Athens, Syntagma square. Photo: Visit Greece / Y. Skoulas Eurogroup – an assembly of the eurozone’s finance ministers – approved this week the release of 767 million euros in support after the European Commission commended Greece for implementing reform commitments despite the unprecedented circumstances posed by the coronavirus outbreak. The new tranche of debt
Airport, marina and road infrastructure upgrades, revised spatial planning regulations, and diversifying the Greek tourism product are the top priorities for the tourism sector laid out in a 10-year roadmap for economic recovery which is up for public consultation. Recommendations by the so-called “Pissarides committee” – headed by Nobel Prize-winning economist Christopher

















