Minoan Group says Stewart Travel was a veritable boat anchor for its Crete resort endeavor. Will the project finally go forward now?
Christopher Egleton
Itanos Gaia Project to Go Forward on Crete
The Minoan Group has a clear runway to develop a €250 million euro resort near Sitia in the Lasithi prefecture of Crete. A court ruling over the controversial resort development known as the Itanos Gaia Project opens the door for Minoan.
Minoan Group Edges Closer to Developing on Crete
According to news from Minoan Group, the resort development project is a step closer to getting approval for building on the Cavo Sidero peninsula. After several years of red tape dealings, the Chairman of Minoan says signatures for a needed presidential decree may be forthcoming. Stocks in the company surged on the news.