€41.2M in RES support for local communities and households
Households and municipalities in areas hosting renewable energy (RES) facilities will receive significant financial support totaling €41.2 million for electricity production in 2024.
Europe’s largest Data Center Fund by PIMCO and its vision for Greece
PIMCO has successfully closed a €1.8 billion fundraising for the PIMCO European Data Centre Opportunity Fund (EDCO), making it the largest investment vehicle in Europe to date exclusively focused on t ...
Athens Metro construction: first TBM reaches Evangelismos
“Athena,” one of the two tunnel boring machines (TBMs) operated by AVAX for the construction of Athens Metro Line 4, has now completed 90% of its route along the Goudi–Galatsi section.
Addressing affordable housing: the European Commission’s strategy and Greece’s policy response
The European Commission presented the European Affordable Housing Plan, an integrated framework of policy measures and financing instruments, on Tuesday afternoon (16 December) in Strasbourg.
Prodea to adopt holding structure with focus on luxury hospitality and logistics
Prodea Investments is initiating a comprehensive transformation of its business model, marking the beginning of a new strategic phase following last week’s €1.275 billion asset disposal to the Nationa ...
Iktinos closes deal with CBE Capital for Sitia property
IKTINOS HELLAS S.A. has announced the completion of the transaction concerning the property located in Sitia Bay, Crete, owned by its subsidiary Iktinos Technical & Tourism S.A., following the signing ...
Extension of rail replacement works on Metro Line 2 announced
According to STASY, the rail replacement works on the Line 2 section “Dafni – Neos Kosmos” will be extended for two days, specifically on Monday, 15/12, and Tuesday, 16/12.
Marousi Casino to begin operations spring 2028
The development of the Voria leisure and casino complex in Marousi, set to host the relocated Mont Parnes casino, is in full swing.
Buying homes with cash: why mortgage lending remains limited in Greece
Bank financing remains a marginal component of the housing market, well below EU levels.
Kyriakos Pierrakakis assumes Presidency of the Eurogroup
Finance Minister Kyriakos Pierrakakis has been elected president of the Eurogroup, a move carrying significant symbolic weight for Greece and placing him at the helm of the influential body guiding th ...
EU undertakes revision of public procurement legislation
The European Builders Confederation (EBC) emphasizes that revising the Public Procurement Directive offers a key opportunity to boost the European economy, elevate project quality, and promote social ...
Greek exports total €4.25B in October 2025
Food exports once again led in absolute growth, underscoring their sustained strength in international markets, as October 2025 concluded on a positive note. According to provisional data released by ...
Onuki opens doors at THE ILISIAN, the former Hilton Athens
Onuki, the acclaimed Japanese gastronomic concept originally created at Costa Navarino, is making its debut at THE ILISIAN, marking another significant milestone in the phased reopening of the Hilton ...
Domes and Brookfield team up for €40M resort expansion
Brookfield, through one of its private real estate investment funds, is acquiring the majority stake in Domes Zeen Chania, a Luxury Collection Resort in Crete. Through this partnership, Brookfield and ...
Commercial real estate market shows cautious optimism
The recent Deloitte survey on commercial real estate (CRE) for 2026 depicts an environment of cautious optimism for the sector, as global uncertainty and high interest rates continue to slow the marke ...