Barring any last-minute problems, construction group GEK-TERNA will land the country’s biggest private project, the construction of the new Greek national opera house at Palaio Faliro, southern Athens, on the site of the old horse racing track.
According to sources, the consortium comprising the Greek firm and Italy’s Impregilo has been selected as the temporary contractor for the project, budgeted at 566 million euros.
In the next few days, the Stavros Niarchos Foundation, which is funding the project, will invite the winning consortium to start negotiations for the signing of the contract, which is expected to see works beginning by the end of this year and a possible conclusion in 2016.
It appeared on Wednesday that the fate of a contentious anti-racism bill will have to be determined by the leaders of the three parties in the fragile coalition after the government’s genera...
The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the end of the year.
German Chancellor Angela ...
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...
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
One of the biggest problems dragging the Greek economy down is the pressure placed on entrepreneurs aspiring to do business in sectors dominated by the “pirates” and “pimps” of the business ...
Greek taxpayers have had to pay dozens of millions of euros for the restoration and conservation of the capital’s landmark buildings, including Athens Polytechnic and the so-called neoclassi...