Fraport Greece Completes Upgrade Works at 11 Regional Airports

By admin 14 Σεπτεμβρίου 2020 No comment

Kavala Airport. Photo source: Skiathos Greece Fraport Greece has completed renovation and upgrade works at 11 out of the 14 Greek regional airports it manages and operates, according to the company’s executive director for commercial and business development, George Vilos. Works have been completed at the airports of Aktio, Chania, Corfu, Kavala, Kefalonia, Zakynthos,

Draft Decree for Thessaloniki Expo Center Revamp Goes for Approval

By admin 10 Σεπτεμβρίου 2020 No comment

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Photo Source @TIF-Helexpo The draft presidential decree concerning the overhaul of the Thessaloniki International Exhibition Center (TIF) was recently submitted to the Council of State for approval. According to an announcement by the Greek Environment and Energy Ministry, the government’s promise to transform TIF into a modern exhibition center of international standards,

Greece Channeling More EU ESPA Funds into Projects

By admin 4 Σεπτεμβρίου 2020 No comment

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Greece has increased its absorption rate of EU resources – known in Greek as ESPA funds – since July 2019 compared to other member states, the Development & Investments Ministry said this week. According to an overview released by the European Commission, Greece moved up to 8th place with an absorption rate of 56 percent […]

Greece’s Chinese Golden Visa Investors Protest

By admin 1 Σεπτεμβρίου 2020 No comment

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Chinese investors who purchased real estate in Greece under the ongoing Golden Visa program are expressing their discontent with Covid-19-related travel restrictions which do no allow them to visit their properties or to complete visa procedures. According to Greek media reports, the Sino-Hellenic Investors’ Confederation, which was launched earlier this year, said in a

Elounda Hills Mega Marina Gets Green Light

By admin 10 Αυγούστου 2020 No comment

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Photo source: Greek Tourism Ministry A 202-berth marina, part of the Elounda Hills tourism project to go up on the island of Crete, has received the go-ahead following a joint ministerial decision this week. More specifically, tourism and environment ministers Harry Theoharis and Kostis Hadjidakis approved the site details for the three-section marina to be

Greece – UAE Team Up for Tourism

By admin 24 Ιουλίου 2020 No comment

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Greece and the United Arab Emirates (UAE) announced a series of joint actions in the area of tourism for the 2020-2022 period during the 2nd Greece-UAE Broader Strategic Cooperation Forum this week. Greek Tourism Minister Harry Theoharis and UAE Minister of State for Foreign Trade Thani Ahmed Al Zeyoudi signed on Thursday a Joint Action […]

Eight Strategic Tourism Investments Get Go Ahead in Greece

By admin 20 Ιουλίου 2020 No comment

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Ios, Greece. The Greek government recently approved eight strategic investment projects in the tourism sector, which total to 1.1 billion euros and are expected to lead to the creation of 3,300 jobs. “Despite the coronavirus (Covid-19) crisis, the Greek economy is still growing and investments are progressing rapidly… We will be ready for the economy […]

Greece Part of EU €2.2bn Investment in Transport Projects

By admin 17 Ιουλίου 2020 No comment

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Photo source: European Commission Greece is set to benefit from an EU 2.2-billion-euro funding package aimed at jump-starting the economy through a series of transport projects reinforcing railways, cross-border links, and connections to ports and airports. Among the projects to be funded by the budget are – a set of final studies and engineering designs […]

EY: Investor Interest in Greece ‘Solidifies’ Despite Covid-19

By admin 15 Ιουλίου 2020 No comment

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Foreign investors still have a positive perception of Greece despite the coronavirus (Covid-19) pandemic but proceeding with reforms will be critical for implementation of projects, according to the latest Ernst & Young (EY) report released this week. The coronavirus crisis appears to have had an impact on foreign investors’ plans for Greece, but not to […]

Kassiopi Project on Corfu Officially Takes Off

By admin 13 Ιουλίου 2020 No comment

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Greek Prime Minister Kyriakos Mitsotakis. Following years of delays caused by bureaucratic and judicial hurdles, the 120-million-euro tourism investment in Kassiopi on the Greek island of Corfu officially took off on Saturday. Situated in the area of Erimitis, the project will be carried out by NCH Capital and aims to create a new prospect to […]