Greece

The demolition of five buildings at the abandoned Hellenikon International Airport signals the first steps in the gigantic 8-billion euro ($9 billion) redevelopment project near the Greek capital. Perfectly situated along the coast just outside Athens, initial plans to reconstruct...

The Hellenic Gaming Commission announced on Friday that they would begin to accept bids for a license for a casino  to be opened at Hellinikon. The gaming facility would be part of the 8 billion euro project to develop Athens’ vast former...

Greek property developer Lamda said on Friday that new obstacles had appeared in its plans to develop the vacant Hellenikon airport site; one of the largest projects on the country's privatization agenda. Lamda Development is referring to the Culture ministry declaring a...

The European Commission is not yet fully briefed about the recent Archaeological Council decision concerning the Hellenikon investment status, but reminds the government that the project is an MOU agreed-upon precondition. The Commission will examine the decision reached by Greece's...

It was the third time that the Greek Central Archaeological Council postponed a decision concerning whether or not the old Hellinikon airport, site of the biggest investment in recession-era Greece, would be ruled an archaeological site. So, one of the...

The debate on the draft law for the investment in the area of the former airport at Hellenikon started on Wednesday at the parliament plenum and ended with an evening vote in favor of the deal. All parties, with the...

A senior privatization agency official of the Hellenic Republic Assets Development Fund (HRADF) said on Thursday that Greece will launch a tender for the long-term lease of the Egnatia toll road in order to unlock the country's next tranche...

Lamda Development is ready to begin work on its landmark project at Hellenikon. "We are ready to begin the biggest project of joint reconstruction in Europe and one of the biggest worldwide. Bulldozers will be ready to begin works...

A bailiff appeared in Greek Parliament on Thursday to deliver a legal summons to Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos. The action was taken by leftist war hero Manolis Glezos, NGL/GUE MEP Nikos Hountis, former deputy...

Greece's gamble that the only bidder for the abandoned and neglected former Hellenikon Airport site on Athens' coast wouldn't walk away after the government insisted on a higher bid has paid off. The country's state privatization agency said that Lamda...

The most valuable piece of real estate in the world is New York’s Central Park – precisely because it is a park in the heart of the capital of the world and would be worth an uncountable amount of...

After plans by the government to develop the former Hellenikon national airport site on Athens' coast  got only a single bidder as other companies withdrew with complaints the process was flawed, Greece's opposition party leader threatened to overturn the...

After dropping out of the running to develop the former Athens International airport site on the city’s south coast, a prime piece of land that was supposed to become the biggest green space park in Europe, Qatar is reportedly...

Just as Greek Prime Minister Antonis Samaras is readying a trip to Qatar as part of a wider plan to attract foreign investors, Qatar has pulled out of the bidding for the development of the site of Athens’s former...

There is no other controversy like the one surrounding the ancient pyramid discovered in Greece. Ancient Greek history often stimulates meaningful debate - one has only to think of how many different views there are on the Hellinikon. Were the...