Greece
Economy
European Investment Bank Offers €200M to Support Infrastructure in Evros, North Aegean
The European Investment Bank will offer 200 million euros to Greece for the support of infrastructure works due to the recent migration-related developments on the islands of the northeastern Aegean and in Evros, it was made public on Friday.
Greek...
Business
Piraeus Bank Joins Multi-Million-Euro Investment Program for Greek Infrastructure
Piraeus Bank, Greece's biggest lender, announced on Wednesday that it will support a new 650-million-euro ($716 million) infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank.
Piraeus Bank will initially use 32...
Greece
Greece's Infrastructure Ministry Starts to Allot Financial Aid to Attica Fire Victims
On Thursday, the Infrastructure Ministry reported that the lump sum of 5,000 euros in aid was given to 18 of the victims of Attica's wildfires.
The 18 victims are the first of many, as the ministry is planning to provide financial...
Business
New Development Bank will Fund Infrastructure Projects
The Greek government will set up a development bank to fund infrastructure projects, start ups, small businesses and export oriented companies, the government's economic policy council announced on Friday.
The Hellenic Development Bank will be a state lender that...
Greece
Greek Minister: Kos Back to Normal After Earthquake, No Infrastructure Damage
"The island is back to normal without panic, and if one arrived now without knowing what had happened, he would not have realized that a natural disaster occurred," said Deputy Citizen Protection Minister Nikos Toskas in the aftermath of...
Greece
Infrastructure and Transport Minister Spirtzis Announces Kalamata Highway Will Be Completed in December
While visiting the coastal town of Kalamata in the southern Peloponnese on Sunday, Infrastructure and Transport Minister Christos Spirtzis promised that a highway from Corinth to Kalamata via Tripoli, as well as a branch connecting Lefktro and Sparti, will...
Archaeology
Greek Infrastructure Minister: 'Antiquities Can Co-Exist with Thessaloniki Metro'
It is technically feasible to maintain archaeological finds unearthed during the prolonged excavations for a new metro in the northern city of Thessaloniki and at the same time to complete the necessary underground tunnels, Infrastructure and Transport Minister Christos...
Economy
Greek EconMin: Seeking Funding for Infrastructure Projects Is Top Priority
Economy, Infrastructure, Shipping and Tourism Minister George Stathakis reiterated its intention not to pursue any new privatizations during a meeting with the British ambassador to Greece, John Kittmer. Stathakis briefed Kittmer on his ministry’s priorities which include planning the...
Greece
Greek Plans Made to Improve Sea Infrastructures
Greece's new Zoning Plan for Tourism recently announced provides for an increase in the network of marinas, small ports and harbors in the Ionian Sea, the eastern and southeastern Aegean, and the Saronic, Argolikos and Pagasitikos gulfs.
It adds that...
Economy
Commission Authorises €36 million Aid for Investments in Greek Electricity Infrastructure
The European Commission has found that public support to seven projects aimed at improving and expanding the Greek electricity network complies with EU state aid rules. Those projects will contribute to ensuring the security of energy supply by improving...
Economy
Poor Infrastructure Undercuts Greek Tourism
After three years of negative foreign media reports and commentary about Greece, directly affecting the tourism industry of the country, "restoring" the image of the country this year is the first priority for the Ministry of Tourism and the...
Economy
Papademos: EIB To Help With Greek Infrastructure Projects
Greece will get help from the European Investment Bank to make best use of European Union funds still available to it, especially to develop infrastructure projects and boost lending to smaller businesses, the country's premier said Friday.
Lucas Papademos, speaking...
Greece
Taxi Union’s Meeting With Infrastructure Minister Fruitless
The meeting of taxi owners with Infrastructure Minister Yannis Ragousis did not provide any result, and unionists would press on.
Cabbies demand non-issuing of new licenses and ask for a six-month time limit to discuss the issue with the ministry...
Greece
Striking Cab Drivers Meet with Infrastructure Minister Ragousis Tomorrow
Infrastructure Minister John Ragousis will eventually meet cab drivers tomorrow morning, the 6th of July on Mesogeion Avenue. The scheduled meeting was postponed due to a cabinet meeting.
The cab drivers have gathered outside the Ministrty of Infrastructure with their vehicles, creating congestion along Mesogeion Ave. The strikers wil leave a...
Greece
Infrastructures, Transport & Networks Ministry Plans Deregulation of Taxi Market
The Infrastructures, Transport and Networks Ministry is proceeding with the deregulation of the public passenger vehicles (taxis) sector, continuing the task of general structural changes being promoted by the government.
Minister Dimitris Reppas said Thursday the changes being promoted, aim...