Israeli investors expressed their strong interest for Greece and a number of the country’s developing business sectors, including tourism agriculture and real estate, during a recent online event focused on investments. Organized by Enterprise Greece, the Israel-Greece Chamber of Commerce & Industry and the Greek Embassy in Tel Aviv, the event was attended by a […]
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 […]
Photo source: EIB / ©Alexandria Gilliott/Unsplash New investment to improve road safety at 7,000 accident black spots across Greece The European Investment Bank (EIB) has agreed to support half of a 470-million-euro nationwide programme to reduce the risk of accidents in Greek cities, rural areas, mountain districts and on Greek islands. “Improving road safety across […]
Lamda Development and TEMES S.A. have entered into a strategic agreement for the joint development of two state of the art, luxury hotels and residential complexes on the coastal front of Hellinikon, south of Athens‘ city center, during the first five-year phase of the project. The overall investment for the development of the two hotels […]
The Athens Capital Hotel of Accor’s MGallery Hotel Collection. Greece’s attractiveness as a destination for tourism investments was recently highlighted by Accor CEO Southern Europe Maud Bailly. Speaking during an exclusive interview by Phocuswright during the virtual 4th International Hospitality Forum (IHF), Bailly said that despite the current coronavirus (Covid-19)
Works on the long-awaited Panathinaikos football stadium to be constructed in the western Athens neighbourhood of Votanikos, together with a multi-use sports complex are set to begin after the Athens Municipality, the development & investments ministry, Panathinaikos FC and AO and the Eleonas investment entity made up of Alpha and Pireos Banks signed a memorandum […]
Greece’s popular golden visa program, which has channelled more than 2 billion euros of foreign capital into the local property market since its launch in 2014, granting in the meantime, 6,304 residence permits to non-Greeks, has been impacted by the coronavirus pandemic. More specifically, according to the migration and asylum ministry, the number of visas […]
Paros Airport. Photo source: Hellenic Civil Aviation Authority The project for improving and expanding infrastructure at the new airport on the Greek island of Paros has secured funding of over 43 million euros by the National Strategic Reference Framework (NSFR). According to an announcement by the Paros Municipality, the project has been included in the […]
Greece is looking to capitalize on the Athenian Riviera once major infrastructure projects are completed, including the construction of the multi-billion-euro Hellinikon project and the upgrade of local marinas. Lamda Development, the contractor behind Hellinikon is planning to construct 10,000 homes in the next 15 years aiming to attract foreign buyers seeking a home on
An impression of the Sentido Unique Blue Resort Cretan Investments Group (CIG) Hellas has added the first hotel to its tourism portfolio by acquiring the Iti AKS Minoa Palace hotel a member of the AKS Hotels Group on the island of Crete. The 119-room property will be part of the MK Hotel Collection, the investment […]


















