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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

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Short-Term Rental Lobby Fights Greece’s New Tourism Limits

2026-06-03 By Iorgos Pappas

STAMA Greece fights the Special Spatial Framework for Tourism, opposing municipal controls and the inclusion of short-term rentals in carrying-capacity math.

The Lions Fountain, the Hole, and the Kingdom of Endless Studies

2026-06-03 By Phil Butler

There is perhaps no better symbol of modern governance in Crete than the Morosini Fountain in Heraklion. The Lions Fountain stands at the very center of the city, both physically and symbolically, a Venetian masterpiece completed in 1628 that survived Ottoman occupation, wars, earthquakes, modernization, pollution, and four centuries of Mediterranean upheaval. It remains one […]

Rouvas Gorge

Five Euros to Save One of Crete’s Most Scenic Gorges

2026-06-03 By Iorgos Pappas

Faistos and Gortyna plan a €5 entrance fee for Rouvas Gorge to fund safety upgrades, maintenance, and conservation in the heart of Psiloritis.

Cretan Trails

Crete Joins Mediterranean Trails Network to Elevate Global Eco-Tourism Profile

2026-06-02 By Manuel Santos

Crete unifies its hiking routes under the Cretan Trails banner, partnering with international trail networks to develop sustainable mountain tourism.

Hersonissos remains without lifeguard coverage

Hersonissos Faces Lifeguard Shortage as Summer Season Gets Underway

2026-06-02 By Manuel Santos

Hersonissos remains without lifeguard coverage on its designated busy beaches after a tender for 46 positions failed to attract applicants.

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