Photo source: Olympia Odos SA After a series of long delays, construction on one of the country’s most dangerous highways in Greece, the 74.5km Patra – Pyrgos section of the Olympia Odos Motorway will be completed by the end of 2024 or early 2025, said Greek Transport Minister Kostas Karamanlis on Thursday, during the launch of works on the […]
The Greek government is suspending the issuance or renewal of residence permits for investment purposes for citizens of the Russian Federation, the Greek Ministry of Migration and Asylum said on Monday. Known as the “golden visa” program, the scheme grants five-year residency rights to investors who purchase property valued at a minimum of 250,000 euros. […]
The Naxos Resort Beach Hotel. Despite the ongoing Covid-19 pandemic, Greece is seeing a good number of local and international players investing in the hospitality sector. According to the latest report released by GBR Consulting and announcements by hotel enterprises, a number of new entries are expected in the Greek tourism scene following transactions and […]
Greek Development Minister Adonis Georgiadis speaking in parliament on the voting of the new development law. Photo source: @AdonisGeorgiadi Greek lawmakers approved this week a new development law, which among others provides financial support of up to 75 percent and tools to eligible businesses interested in upgrading, modernizing, and transitioning to digital or
Tourism enterprises in Greece seeking to expand or diversify and investors with innovative project plans will be able to tap into a wide range of financial support tools foreseen in the new development law which was passed in parliament recently. The legislation includes many “firsts” such as funding for upgrades of non-central tourist facilities provided […]
Works on the Olympia Odos Motorway. Photo source: olympiaodos.gr The European Commission approved this week Greece’s plans to grant public funds to Olympia Odos SA for the construction of the 74.5km Patra – Pyrgos section of the Olympia Odos Motorway. After a delays, the project, which was broken down into eight different sections, will be […]
The Ellinikon Experience Park at the former Athens airport near Glyfada will be offering Athenians and travelers a chance to get away from the urban mayhem starting on December 20 when it opens its doors to all free of charge. The new green retreat outside Athens covers 70 acres of land and includes activities for […]
Lamda Development, the company behind the mega-Ellinikon project to go up at the former Athens airport on the city’s southern coast, will invest more than 600 million euros in the creation of a new state-of-the-art commercial and business center. Plans for the Ellinikon Commercial Hub presented this week include establishing it into a new retail […]
Photo source: diaNEOsis Greece stands to gain 2.9 billion euros from the creation of 5,164 new berths based on a strategy for the utilization of the country marinas and tourist ports, proposed by research and policy institute diaNEOsis. The four-pronged action plan was presented this week as part of a wider study on marina and […]
Greek Prime Minister Kyriakos Mitsotakis promoted Greece as an investment-friendly country to foreign investors during his recent visit to London. According to an announcement by the PM’s press office, Mitsotakis held a series of meetings with heads of financial institutions, fund management companies and international companies in the fields of energy, real estate,

















