Elivi Hotels received the green light from Greek authorities to proceed with a 52-million-euro strategic tourism investment on the island of Skiathos. The company said on Thursday that the decision by Greece’s Interministerial Committee on Strategic Investments (DESE) under Development & Investments Minister Adonis Georgiadis was a vote of confidence in tourism. Under
All the more investors are eyeing Greece expressing interest in a wider range of services including IT, research & development, green energy and maritime infrastructure, said Development & Investments Minister Adonis Georgiadis during a recent Capital Link webinar. Organized in cooperation with Citi, the event focused on “Investment Opportunities in Greece – A New
Incoming traveler flows to Greece surged by 413.7 percent to 285,000 arrivals in May, when Greece opened to tourists, but dropped by 65.5 percent in the first five months of the year impacted by Covid-19 restrictions, the Bank of Greece said on Thursday. Travel receipts in May came to 168.3 million euros, up by 286.2 […]
The Acropolis, Athens Photo: @Ministry of Culture / © Studio On_Stelios Tzetzias Twelve projects including upgrade works on the Acropolis have been cleared for funding out of “Greece 2.0” – the country’s 1.42-billion-euro recovery fund approved earlier this month. Alternate Finance Minister Theodore Skylakakis gave the green light to the release of funds which will […]
The Olympic Stadium of Athens will be revamped and converted into a metropolitan park, said Greek Prime Minister Kyriakos Mitsotakis on Tuesday, during the presentation of the project’s master plan. Greece has set aside a budget of over 43.5 million euros for the ambitious overhaul of the Olympic Athletic Center of Athens “Spyros Louis” known […]
Source: EY Attractiveness Survey, Greece 2021 Greece is winning over more foreign investors climbing to 23rd spot in 2020 in Europe from 29th in 2019, according to the latest Ernst & Young (EY) report released this week. Based on the findings of EY’s Attractiveness Survey Greece 2021 presented this week by ΕΥ Greece CEO Panos Papazoglou during […]
Loans that will support investment, a full-fledged tourism development strategy and tapping into parallel aid programs are the three ways the Greek tourism industry is set to benefit from EU recovery funds, said Alternate Finance Minister Theodore Skylakakis on Wednesday. Speaking during an event organized by the Tourism Ministry and the Hellenic Chamber of Hotels […]
Falassarna, Crete. Photo Source: Visit Greece / Y. Skoulas A total of 260,000 German tourists visited Greece in June, demonstrating their confidence in the country, said Greek Tourism Minister Harry Theoharis during an online event organized by the German Hellenic Chamber of Industry and Commerce on Tuesday. “Traditionally, the German market has been a pillar […]
A bird’s-eye view of the Marina Tower to be constructed at The Ellinikon. Plans for Greece’s first ‘green’ skyscraper to go up along the Athenian Riviera as part of the country’s largest urban redevelopment project – The Ellinikon (formerly known as Hellinikon) – were presented this week by Lamda Development, the investing company. Lamda CEO […]
European Commission Vice President Margaritis Schinas. Photo source: @EP_Hellas The wealth of EU resources allocated to Greece for recovery after Covid-19 are set to bring the country into the new era, said European Commission Vice President Margaritis Schinas on Friday during the 4th ITC 2021 Conference organized by ypodomes.com and metaforespress.gr. Schinas described


















