A brand-new luxury holiday destination is about to launch on the Red Sea Coast.

In particular Greece’s GDP is projected to increase by 6.7% in 2021 and just under 5% in 2022, before growth moderates in 2023.

The three main pillars of the plan

Dimitris Zontanos has been working for LAMDA Development since 2007

It is thus reduced: the realized coverage, from 1,378.03sqm to 389.40sqm, the realized construction from 4,800sqm to 389,40sqm and the realized construction volume

With a total surface of approximately 3,300 sqm and building coefficient 3, the property allows the development of buildings with a maximum surface that can approach 10,000 sqm

The timetable of the issuance of the Bond Loan and the Public Offering of the Bonds will be determined in the near future.

Organic NPE reduction was notable – down almost 1 percentage point in the quarter – with a negligible impact from clients in default 11 months after the end of the Covid-19 moratoria.

Preliminary evidence suggests there may be an increased risk of reinfection with Omicron