The launch of the process for the sale of the state’s 30 percent stake in Athens International Airport came closer on Tuesday as Finance Minister Yannis Stournaras received a group of Chinese entrepreneurs.
The officials from Shenzhen Airport and Friedmann Pacific Asset Management are acting together and are reportedly interested in the forthcoming privatization of the country’s main terminal.
Both companies are considered to be strong and reliable investors, as the former manages the airport of the Chinese city of the same name and the latter administrates $1.5 billion.
The government intends to sell its stake through the TAIPED privatization fund and to amend the existing concession contract to German company Hochtief AirPort, which owns 40 percent of Athens International Airport.
Twho people have been arrested in Mani in the Peloponnese for allegedly growing cannabis plants.
Police on Saturday arrested a 73-year-old American woman and a 48-year-old man from Poland af...
A forest fire in the Aghia Triada area on the island of Hydra has been brought under control with firefighting planes, authorities said on Saturday.
The fire, which broke out on Friday, spre...
Olympiakos will face AGO Rethymnou and Panathinaikos will measure up against Panionios in the semifinals of the Greek basketball league, as the quarterfinals of the playoffs saw AGOR upset P...
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
While the country waits for an influx of major investment that is expected to create new jobs in the distant future, it is absolutely vital to bolster small to medium-sized companies as fast...
Greek police officers are doing a fine job despite considerable cuts in their salaries coupled by major shortages in equipment and infrastructure.
Through their behavior and professionalism,...