Lamda Development
Economy
It is the Turn of Archaeologists to Put Hurdles on Hellinikon Investment
In the past few days, Prime Minister Alexis Tsipras parades in companies and speaks of investments, growth and successful business practices. It is obvious that the premier is trying to change his rhetoric in order to appear friendly to...
Business
Culture Minister Takes Back Obstacles on Former Athens Airport Investment
Greece's Culture Minister Lydia Koniordou took back an obstacle she had put forth herself in the investment of the former Athens airport at Elliniko, claiming that three buildings are of cultural value and should be preserved.
The Ministry of Culture...
Business
Donald Trump and His Two Fruitless Attempts to Invest in Greece
U.S. President elect Donald Trump had tried twice to invest in the property of former Athens airport at Ellinikon, but both his efforts proved to be fruitless.
The first time Trump openly expressed interest in investing in the prime seaside...
Economy
Greek Lawmakers Approve Hellenikon Deal at Former Airport
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...
Economy
Bill for Elliniko Deal Expected to be Voted on in Parliament by Month's End
After 22 months following an agreement between the consortium of Lamda Development and the Greek state was signed, the concession contract for the former Elliniko airport is set to go through ratification in Parliament, ekathimerini.com reports.
The bill, which notes...
Business
Greek Culture Ministry Seeks to Declare Elliniko as Archaeological Site
The Greek Culture Ministry is planning on declaring the old Athens Airport (Elliniko) as an archaeological site, as well as the area surrounding it. This would complicate plans to develop the area, only two months after the Hellenic Republic...
Greece
Salting Greece
Historians claim that when Scipio sacked Carthage in 146 BC, he salted the earth to guarantee nothing would ever grow on Carthaginian soil. To further punish Hannibal’s mighty defense, Rome imposed impossible terms of war indemnity on those they...
Business
Renowned Architect Norman Foster to Design the Elliniko Project
Renowned architect Norman Foster and his firm, Foster + Partners, will design the ambitious project of the former Athens airport area in Elliniko, on behalf of Lamda Development.
The former Athens airport site on the so-called Athens Riviera was transferred...
Economy
Former Athens Airport Land Sale Paves Way for Loan Tranche
The Greek government on Tuesday signed a Memorandum of Understanding with Lamda Development for the privatization of the former Athens airport land at Elliniko.
The Hellenic Republic Assets Development Fund (TAIPED), Greece's state privatization agency, agreed with the consortium of...
Business
Tsipras and Tsakalotos Served Legal Summons Over Hellenikon Deal
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...