Log in
A+ A A-

Astir Palace sold for 400 million euros

The Hellenic Republic Asset Development Fund (HRADF) this week confirmed that Jermyn Street Real Estate Fund IV LP signed a new agreement to submit an amended special zoning and spatial plan for the development of the Astir Palace Vouliagmeni venue, one of the best known resorts and tourist-related sites in the greater Athens area.

Greek PMI up in December

Greece's Purchasing Manager's Index (PMI) grew to 50.2 points in December from 48.1 in November, recording the first improvement in the manufacturing sector in the last 16 months, returning to growth levels for the first time in 12 months, Markit said on Monday.

Television licensing procedure ready soon

A process for licensing the televised media was now in the final stages of preparation and will soon be ready to begin, Minister of State Nikos Pappas said on Monday in an interview with the Greek radio station "Sto Kokkino".

New development law to be presented this month

A new development law to be tabled to Parliament soon will include 3-4 basic principles, it will be simplified compared with a prevailing bureaucracy and will put an end to mistakes made in the past such as no safeguarding of funds and piling up state debts to private investors, Economy Minister George Stathakis said on Monday.

Subscribe to this RSS feed