The world’s first grid-scale commercial fusion power plant will be built at the James River Industrial Park in Chesterfield County, Virginia.

The funding for all the studies required for the tendering of the project "Central Road Axis of Northern Evia, Section: Psachna Bypass – Prokopi (Strofylia)" will be provided by the Ministry of Infrastructure and Transport, while the responsibility for preparing these studies will be assumed by the Region of Central Greece.

The percentage of voting rights of Masdar in TERNA Energiaki was adjusted to approximately 87.91% from approximately 87.17% as of January 8.

In the third quarter of 2024, overnight stays booked through platforms such as Airbnb, Booking, Expedia Group, or Tripadvisor in the EU for short-term rental accommodations surpassed 366.2 million. This represents an 18% increase compared to the same period in 2023.

The total value of imports, in November 2024 amounted to 7,205.6 million euros (7,637.1 million dollars) in comparison with 6,983.7 million euros (7,525.5 million dollars) in November 2023, recording an increase, in euros, of 3.2%.

After years of stagnation, the two most polluting sectors of Greek industry (cement production and refineries) are aiming to reduce their carbon footprint, in alignment with the National Energy and Climate Plan (NECP) and the priorities of the EU, despite concerns raised about their competitiveness, according to an analysis by Green Tank.

The Hill Group has secured the approval for the third and final phase of Marleigh, the new neighborhood being developed at the eastern edge of Cambridge.

The Deputy Minister for Development, Zoe Rapti, recently met with Dr. Konstantinos Laskaris, Head of Research and Design for TESLA's electric motors.

The construction sector is a key pillar of the global economy, with spending expected to reach $22 trillion by 2040, up from $13 trillion in 2022. However, the sector's productivity remains stagnant, with only a 10% increase from 2000 to 2022, which corresponds to one-fifth of the overall economic growth rate.

2024 was a year of significant developments and challenges for the real estate market in Greece.

Five programs with a budget of over €250 million are expected to be implemented by the Ministry of Environment and Energy for the energy upgrade of kindergartens, primary schools, daycare centers, municipal water supply and sewerage enterprises (DEYA), mountain tourist accommodations, and other businesses.

As we stand on the threshold of 2025, the real estate industry is poised for significant transformation. The experiences of 2024 have set the stage for a year where adaptability, innovation, and strategic foresight will be paramount. Let's delve into the critical questions that will define the real estate landscape in the coming year.

Passenger traffic at Athens International Airport (AIA) increased by 14.5% in 2024, reaching 31,854,761 passengers. In December, the growth was reflected in 2,129,148 passengers, compared to the same period last year.

The submission of applications for the "execonomo 2025" program starts today. In addition to property owners (full ownership, usufruct, or bare ownership), tenants with a lease agreement that has at least seven years remaining at the time of application are also eligible to participate in the program.