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Bloomberg: Greece Puts 11 Billion Euro Investments at Risk

Two of Greece’s biggest projects -- together valued at about 11 billion euros -- have stalled on bureaucratic and legal wranglings, raising questions about...

EU Official: Hellinikon Investment a “Symbol of Mismanagement and Delay”

The Hellinikon investment project is a "symbol of mismanagement and delay," said a European Commission official on Thursday, according to a Kathimerini newspaper report. The...

Archaeological Council Decision on Hellinikon Met with Mixed Reactions by Gov’t and Investors

Hellinikon S.A. investors are examining the decision of the Central Archaeological Council to declare about 280 acres - out of 6,200 - of the...

280 Acres of Greece’s Hellinikon Ruled Archaeological Site

Greece’s Central Archaeological Council (KAS) has ruled that a large part of Hellinikon airport area is a site of archaeological interest, and therefore it...

Hellinikon Mayor: Political Reasons Behind the Blocking of the Investment

The mayor of Hellinikon - Argyroupolis, Yiannis Konstantatos, said that the reasons behind the blocking of the investment at the former Athens airport site...

Former Hellinikon Airport Not Forest Land, says Technical Committee

A 3.7-hectare expanse within the site of former Athens international airport at Hellinikon, is not forest land, according to a decision reached by the...

Environmental Groups Create New Obstacles in Hellinikon Development Project

Two environmental groups have created new obstacles in the Hellinikon development project, after their appeal to the Council of State. The eco groups claim that...

Split within SYRIZA over Hellinikon Investment Widens

Prominent politicians within SYRIZA are expressing serious concerns or outright opposition to the planned investment of Hellinikon, contradicting official government policy. Last week, Alexis Tsipras...

Archaeologists are Fighting a Battle to Defend the Country, Says Skourletis

"Yes, to investments but with rules that apply to everyone," Interior Minister Panos Skourletis stated on Thursday, referring to the stance adopted by Greece's...

Greek Government Blasts ‘Deliberate Obstruction’ of Hellinikon Investment

The government will not tolerate deliberate delays in investments, sources from the prime minister's office said on Wednesday, commenting on the stalled investment at...

Archaeological Council Issues yet another Postponement in Hellenikon Investment Ruling

It was the third time that the Greek Central Archaeological Council postponed a decision concerning whether or not the old Hellinikon airport, site of...

Archaeological Council Meeting Postponement Generates Uncertainty over Former Athens Airport Investment

The uncertainty over the investment at the former Athens airport in Hellinikon, continues after the postponement of the meeting of the Central Archaeological Council...

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