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privatization

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

Kremlin Considers Selling Aeroflot Futures

2016-02-12 by Aleksandr Shatskih

Aeroflot flight attendant

According to news from Moscow, Aeroflot is one of several state-owned entities the Russian government is currently considering as part of an accelerated privatization plan.

Tags: aeroflot, privatization, Russia, Russian companies, Vladimir Putin

Athens Airport “Ellinikon” Fast Tracked Privatization

2011-01-03 by Aleksandr Shatskih

The Margi Boutique Hotel Athens

The Interministerial Committee for Asset Restructuring and Privatizations (ICARP) in conjunction with the Greek Ministry of Finance and other entities, will now “fast track” the privatization of the Ellinikon airport area for development. The addition of five star hotels and other accommodations will transform this area of Athens into a thriving component of Greece’s new tourism initiative.

Tags: Agios Kosmas, Athens airport, Athens tourism, Charis Pampoukis, Ellinikon, Glyfada, Greek asset management, Greek assets, Greek real estate, Greek tourism, ICARP, Margi Boutique Hotel, privatization

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Crete European Region of Gastronomy 2026

Capturing the Soul of the Soil: Crete’s Call for Cinematic Food Stories

2026-06-05 By Ion Bogdan V.

Crete invites filmmakers to tell food stories that celebrate its culinary heritage through the international Food Film Menu 2026 competition.

Hersonissos road repairs

Hersonissos Signs €560,000 Infrastructure Contract to Repair 2020 Storm Damage

2026-06-04 By Kostas Raptis

Hersonissos Municipality has finally signed a €560,000 contract to fix the collapsed retaining walls and broken roads left behind by the severe floods of October and November… 2020.

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Hersonissos Expands Accessible Beaches With New SeaTrac Systems

2026-06-04 By Manuel Santos

Hersonissos has installed new SeaTrac systems at three beaches, expanding safe and independent sea access for people with mobility disabilities.

Rethymno World Bicycle Day

Rethymno Pushes Green Tourism With World Bicycle Day Tour

2026-06-04 By Manuel Santos

The Rethymno Municipality and its Department of Tourism organized a targeted cycling excursion on Wednesday, June 3, to promote the region as a destination for sustainable and eco-friendly travel. The event, held in celebration of World Bicycle Day, attracted a small group of roughly 30 participants. The registry included local organizers alongside European visitors from […]

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Heraklion Becomes Europe’s Second Favorite Quick Escape

2026-06-04 By Manuel Santos

According to TUI’s Short Break Ranking 2026, Heraklion is becoming something else entirely: one of Europe’s most attractive destinations for travelers looking to escape for just a few days. The ranking places Heraklion second among all European beach destinations suitable for short breaks, behind only Corfu. The result reflects a growing trend among European travelers […]

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