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Greek privatization

Be Vigilant Greece: The Coronavirus Vultures are Circling

2020-04-28 by Phil Butler

Pyatt

News from the Business Council for International Understanding (BCIU) this week reads like a positive, but Greeks should beware.

Tags: American investors, BCIU, COVID-19, Geoffrey Pyatt, Greece economy, Greece property, Greek assets, Greek ports, Greek privatization, Greek properties, privatizing Greece, think tanks

Greek PM Kyriakos Mitsotakis Kicks Off Crete Airport Project

2020-02-09 by Phil Butler

Kastelli International Airport

Greek Prime Minister Kyriakos Mitsotakis attended a ceremony for the foundation stone laying at the new airport at Kastelli.

Tags: Ariadne Airport Group, Crete airport, Crete flights, GEK Terna, GMR Airports Limited, Greece investment, Greece projects, Greek privatization, Heraklion Airport, Kastelli Airport, Kastelli project, Prime Minister Kyriakos Mitsotakis

Is the Coming Hellenic – German Health Tourism Deal Cursed?

2018-11-06 by Phil Butler

George Patoulis

According to news this week from the 8th Annual Hellenic-German Assembly, Greece’s health tourism prospects were the central focus discussed at meetings in Hersonissos, Crete. But, an initiative by German banking and investments interests

Tags: economic takeover, financial crisis, George Patoulis, Greece, Greek crisis, Greek destinations, Greek Islands, Greek privatization, Greek tourism news, Greek tourism report, Greek tourism statistics, Greek travel market, Hotels in Greece, monopoly, Roger Kehle, Tourism in Greece, Travel to Greece, TUI

German Fund Snaps Up Greece’s Thessaloniki Port

2017-12-30 by Phil Butler

Port of Thessaloniki from the White Tower - George M. Groutas

News of the privatization of the Thessaloniki Port arrived late last week via Greece’s liquidation fund. According to the Hellenic Republic Asset Development Fund the sale of its 67% stake in Thessaloniki Port to Deutche Invest Equity Partners, Belterra Investments and CMA CGM’s ports division, Terminal Link has now taken place.

Tags: German banks, Greece economy, Greece government, Greek privatization, Hellenic Republic Asset Development Fund, Ivan Savvidis, privatization, Pyatt, Thessaloniki Port, Tsipras, US interests

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Stories of Interest

Crete culture

Crete Plans €2 Million in Culture and Sports as Infrastructure Falls Behind

2025-12-29 By Manuel Santos

Crete announces a €2.06 million cultural and sports programme for 2026, even as water shortages, infrastructure strain, and airport delays raise hard questions.

Crete water crisis hotel Plaka

When the Water Runs Out, the Illusion Runs With It

2025-12-29 By Manuel Santos

An official document confirms what many feared: water and sewage capacity in Crete cannot support new large hotel developments.

Crete New Year's Dive

Why Cretans Start the Year in the Sea

2025-12-28 By Manuel Santos

Why Cretans welcome the New Year in the sea. A look at the New Year’s Dive tradition in Crete, where it happens, and how to take part safely.

Vasilopita Event Heraklion January 4 2026

A Vasilopita with a Sacred Purpose Near Heraklion

2025-12-27 By Iorgos Pappas

A charitable Vasilopita event will take place on January 4, 2026, near Heraklion, supporting the completion of the Church of Saints Parthenios and Evmenios.

Rethymno farmers protest humanity

Rethymno Farmers Turn Protest Into a Community Table

2025-12-27 By Victoria Udrea

Livestock farmers in Rethymno staged a symbolic protest by boiling and sharing meat with citizens, and donating over one ton of meat to local soup kitchens.

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