The Greek Culture Ministry is planning on declaring the old Athens Airport (Elliniko) as an archaeological site, as well as the area surrounding it. This would complicate plans to develop the area, only two months after the Hellenic Republic Asset Development Fund and Lamda Development signed a memorandum of understanding regarding the latter’s plans to develop the abandoned airport.
The Greek newspaper Kathimerini revealed that in a recent letter addressed to all relevant Ministries, the General Directorate for Antiquities and Cultural Heritage stated the urgency of the matter and explained its plans to declare the area an archaeological site.
The letter was sent to the Greek Ministry of Defense, Infrastructure and Finance, asking the relevant officials to respond within months in order to engage in further action.
The Culture Ministry originally planned on declaring only part of the area as an archaeological site, however, recent developments show that the intervention is ultimately much greater than originally estimated. If the Greek ministry moves forward with this motion then it will not only delay the privatization project, which was first agreed in 2014, but it will also face the possibility that Lamda Development may seek damages from the Greek state.
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