The European Investment Bank (EIB) has announced that it would be providing a 28-year, 180-million-euro loan to Greece for the construction of a new airport on Crete.
The Reuben Brothers, the British billionaire philanthropists, have acquired La Residence hotel in Kalafatis Bay, Mykonos in Greece, a 30-room luxury boutique hotel as part of their continued strategy of investing in premium hotel assets in key European destinations. The costs of the deal has so far not been disclosed.
Tourist arrivals in the islands of the South Aegean reached new historic levels in 2019, surpassing the record performance of 2018, the South Aegean Region said in an announcement, according to ANA.