€41.2M in RES support for local communities and households

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17.12.2025

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

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17.12.2025

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 the development of data centers.

Athens Metro construction: first TBM reaches Evangelismos

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17.12.2025

“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

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17.12.2025

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

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16.12.2025

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 National Bank of Greece and the Papalekas Group. The transaction significantly enhances the company’s balance sheet flexibility and positions Prodea to redeploy capital into higher-growth segments, while strengthening its long-term value creation strategy.

Iktinos closes deal with CBE Capital for Sitia property

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15.12.2025

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 of a final Asset Management Agreement (AMA) and an Option Agreement in favor of Iktinos with CBE Capital Ltd.

Extension of rail replacement works on Metro Line 2 announced

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15.12.2025

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

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15.12.2025

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

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15.12.2025

Bank financing remains a marginal component of the housing market, well below EU levels.

Kyriakos Pierrakakis assumes Presidency of the Eurogroup

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12.12.2025

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 the eurozone’s economic policies.

EU undertakes revision of public procurement legislation

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12.12.2025

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 cohesion.

Greek exports total €4.25B in October 2025

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12.12.2025

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 ELSTAT and analyzed by the Institute of Export Research and Studies (IEES) of the Hellenic Exporters Association (SEVE), total Greek exports across all sectors recorded an overall increase.

Onuki opens doors at THE ILISIAN, the former Hilton Athens

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12.12.2025

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 Athens.

Domes and Brookfield team up for €40M resort expansion

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12.12.2025

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 Domes will expand the resort with an investment exceeding 40 million euros.

Commercial real estate market shows cautious optimism

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11.12.2025

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 market’s recovery.