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infrastructure

Greece One of Top EU Countries in Reduction of Traffic Deaths

While Greece has long lagged behind its fellow European Union countries in highway safety, historically recording a high number of traffic deaths per capita, the country is now reporting an impressive reduction in fatalities. According to a recent Twitter post...

Hellenikon Demolition Paves Way for New Development

The demolition of five buildings at the abandoned Hellenikon International Airport signals the first steps in the gigantic 8-billion euro ($9 billion) redevelopment project near the Greek capital. Perfectly situated along the coast just outside Athens, initial plans to reconstruct...

More Than 70 Greek Cities Among Beneficiaries of EU's Free Public WiFi

The winning municipalities in the third phase of the EU's ambitious ''WiFi 4 EU'' project were announced on Thursday. More than seventy Greek cities were among a total of 1,780 municipalities from all over the European Union which won vouchers...

Piraeus Bank Joins Multi-Million-Euro Investment Program for Greek Infrastructure

Piraeus Bank, Greece's biggest lender, announced on Wednesday that it will support a new 650-million-euro ($716 million) infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank. Piraeus Bank will initially use 32...

Foreign Investors Interested in Developing New Resorts in Greece

According to Enterprise Greece, the official agency of the Greek State to promote investment in Greece, many foreign investors in the sector of tourism have expressed interest in developing plots for the creation of tourist and holiday complexes, among...

Infrastructure and Transport Minister Spirtzis Announces Kalamata Highway Will Be Completed in December

While visiting the coastal town of Kalamata in the southern Peloponnese on Sunday, Infrastructure and Transport Minister Christos Spirtzis promised that a highway from Corinth to Kalamata via Tripoli, as well as a branch connecting Lefktro and Sparti, will...

EC to Freeze NSRF Funding for Greece After Tendering Manipulation

The European Commission is considering a freeze to funding from the National Strategic Reference Framework (NSRF) for Greek programs from 2014-2020 after an investigation of the Greek Competitiveness Commission showed that the preconditions for the commissioning of public works...