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Greece

State Min Flambouraris: Investment in 14 Greek Airports to Be Completed in 15 Days

Investment procedures for the 14 Greek regional airports will be completed within the next 15 days before the Easter holiday and the Greek state will collect 1.233 billion euros, Minister of State and president of an Interministerial Investment Commission...

Geostrategic Powerplay Hinders Massive Chinese Investment in Greece

The decision recently taken by Greece's Central Archaeological Council (KAS) to declare a large part of Piraeus a site of archaeological interest is putting up barriers on a 600-million-euro investment by China's Cosco shipping giant. The Chinese government has shown...

Greek Government Attributes Bank Shares Sell-off to 'Speculative Pressures'

The Greek government attributed Wednesday's bank share massive sell-off and the sharp drop of the general index in the Athens Stock Exchange to "speculative pressures". Prime Minister Alexis Tsipras called an emergency meeting with competent ministers and officials to discuss...

Air China to Start Direct Beijing-Athens Flights in September

Air China will start direct flights between Beijing and Athens as of September, according to a press release issued on Tuesday after a meeting between State Minister Alekos Flambouraris and Chinese Ambassador to Greece Zou Xiaoli at Maximos Mansion. The...

Petrol Bomb Attack at the Home of Prominent Greek Minister

Petrol bombs were thrown at police officers guarding the residence of State Secretary Alekos Flambouraris in the Exarchia district of central Athens. No-one was injured in the attack but a police vehicle was seriously damaged as it was engulfed in...

Construction at Elliniko to Start Within Next Six Months

State minister Alekos Flambouraris announced on Friday that the Elliniko airport project which will convert the old airport to a seaside resort is set to begin. Construction on the 7.9 billion euro project will start within the next six months,...

State Minister Rejects Reports on Sale of Former EAT-ESA Building

The building where the former headquarters of the infamous Special Interrogation Sections of the Military Police (EAT-ESA) was housed will not be sold through the privatization fund but will be turned into a museum, State Minister Alekos Flambouraris said. “Not...

Meeting Decides Against Giving Egnatia Highway to New Privatisation Fund

The Egnatia toll road spanning northern Greece will not be given to the new Privatisation Fund that is to be set up in Greece, a meeting held at the government's headquarters decided. The meeting, attended by ministers and Egnatia...

SETE: The Only Sector Growing Stronger During the Crisis Is Tourism

Tourism has been the only sector strengthened during the crisis, Greek Tourism Confederation (SETE) said after a meeting with Prime Minister Alexis Tsipras, Tourism Minister Elena Kountoura, State Minister Alekos Flambouraris and government spokesman Dimitris Tzanakopoulos. The 2017 tourist season...

Marinopoulos Super Market Chain Rescue in the Air Again

Funds for the interim financing of Marinopoulos SA super market chain have been depleted, putting the company's rescue at risk again, says the Athens News Agency. The funds allocated after a rescue deal was agreed between the banks, the Marinopoulos...

Greek Government to Build Another Migrant Camp on Chios Island

Athens is planning to build another migrant camp on Chios island in an order to tackle the overcrowding of reception facilities on the five Aegean islands receiving the majority of the flow from Turkey. In an emergency meeting chaired by...

SYRIZA Conference Starts Amid Conflicts, Doubt, Determination to Stay in Power

The second SYRIZA conference starts today (Thursday) with a speech by party leader, Prime Minister Alexis Tsipras. The conference finds the leftist party in government and it will be very different than the first conference in 2013 when they...

Lesvos Island Flooded With Refugees as Locals Urge for Immediate Action

Another 51 refugees arrived on the Greek island of Lesvos, lifting the number of migrants and refugees now stranded there to 5,871 people at a time when the island can host just 3,500. The EU-Turkey deal signed in March...

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...

Public Reform Council Meeting on State Administration Concludes

A meeting of the Government Council for Public Administration Reform, chaired by Prime Minister Alexis Tsipras, was held at the Maximos Mansion on Monday. In an announcement, the premier's office said the meeting had focused on the national strategic...