A teleconference about the electrical interconnection project of Greece, Cyprus and Israel was held on Tuesday by the three countries’ power operators. Participating in it were Greece’s Independent Power Transmission Operator (IPTO), Cyprus’ Transmission System Operator Cyprus (TSOC), and Israel’s Independent System Operator (NOGA). They discussed issues relating to the …
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Hamptons in Greece: Kavala to turn to New York with luxury investment
The city of Kavala in north-eastern Greece will turn into a hot spot for affluent foreigners seeking EU Golden Visa, due to a luxury resort like the Hamptons in the north-east US coast. This is the plan of a foreign investor who presented through social media the large tourist investment …
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Renovation of Maria Callas house in Athens to host Opera Academy
The house of legendary Maria Kallas will be renovated to house the Academy of Lyrical Art Maria Callas. Mayor of Athens Costas Bakoyiannis announced last week. Located close to the National Museum, the 1500-square-meter Jugendstil – Art Nouveau Architecture – apartment building is considered as one of the architectural jewelries …
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Greek madness: Municipality photovoltaic project not allowed to connect to power grid
The first energy autonomous municipality in Greece has suffered a …short-circuited: The photovoltaic investment in Argos – Orestiko were never connected to the power distribution network because the grid argues the network is saturated. Unbelievable and yet true! This is, without a doubt, one yet story of the madness that …
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Greece to upgrade its infrastructure with “Smart Bridges”
Infrastructure and Transport ministry has launched the large project “Smart Bridges”to upgrade the relevant infrastructure network across Greece. The project is in the final stretch and thus in a sector that, according to all the experiences of the previous years, is suffering: the monitoring and maintenance of public infrastructure. According …
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U.S. State Department withdraws support of EastMed natural gas pipeline
With a non-paper the US State Department has ‘ended” the EastMed project, Greek media have been reporting in the last two days. With a length of 1,900 km and a cost of some 6 billion euros, the Eastern Mediterranean pipeline (Eastmed) was planned to transfer natural gas from the Levantine …
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Authorities approve €165-million project on Skorpios island by Russian tycoon Rybolovlev
A big investment project worth 165 million euros on the Ionian island of Skorpios, east of the island of Lefkada has entered the next phase after a relevant Joint Ministerial Decision (JMD) was signed on December 31. The ambitious project on the private island, which was bought by Russian billionaire …
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Volkswagen to turn Astypalaia into a “green energy island”
Volkswagen has chosen Astypalaia for a major green energy innovative investment project that will bring energy independence to the island of 1,334 residents in the south-eastern Aegean Sea. Volkswagen’s decision follows a joint preparation with the Greek government that lasted several months. Volkswagen’s Green & Sustainable Island project will be …
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Rescuers denied access to remove strays from Helliniko demolition site
Bulldozers entered the premises of the old Athens airport and started to demolish the buildings for the sake of ambitious Helliniko Project. All hurdlers have been removed but one crucial issue remains unsolved: the dozens of strays that have been living in the abandoned premises for years. They cannot be …
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Sarantaporo broadband project connects villages on remote mountains in central Greece
A small group of young people from the remote mountains of Thessaly in central rural Greece returned home to realize that their village Sarantaporo still had not internet access. Telecom companies had no interest in investing to bring the necessary infrastructure there, so the group set out to create a …
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“Adopt a Chios Mastic Tree” – Project to regenerate old trees
Who isn’t fascinated by the scent of the resins obtained from the mastic trees? The small precious pearls are known as the “tears of Chios” as they are traditionally produced on the island of Chios in the eastern Aegean Sea. But, old or abandoned mastic trees need a regeneration, and …
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Athens major overhaul to create more space for pedestrians and bicyclists
The Athens municipality gave the green light for the implementation of the Athens downtown urban restructuring plan that will create long pedestrian walking zones in the center of the Greek capital. According to the plan, a 6.8 km-long pedestrian walk is to be established and this also includes the historical …
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Tesla €70mn project of “electric highway” through Greece
US electric vehicles pioneer Tesla wants to include Greece into Europe’s “electric highway.” The company of Elon Musk has reportedly already included significant part of the Greek national roads into a developing mega project involving the installation of electric car chargers. The south-European project is planned to start in Portugal …
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Greece rules out Hard Rock Int for Hellinikon Casino license
The Hellenic Gaming Commission (EEEP) has unanimously rejected the bid by Hard Rock International for the Casino at Hellinikon Project in the premises of the old Athens airport in the south coast of the Greek capital. EEEP still has to decide on the part of the tender committee’s conclusion related …
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Council of State freezes 9-storey hotel project at the foot of Acropolis
Greece’s top court, the Council of State has upheld an appeal by residents of Makriyanni against a 9-storey hotel that would block the view to the Acropolis of Athens. Constructors had obtained a legal license but the project froze in March 2019 when the residents appealed to justice and other …
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The Hellinikon Resort: Unripen Innovation & Economy Marvel
Supranational institutions such as the IMF and European Central Bank push forward the Hellenic Republic to follow through economic reforms and ensure international creditors that repayment of the national debt — the outcome of the financial crisis of 2007-08 reaching 181.1% of GDP in 2018 — is perpetually substantiated by incoming …
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More obstacles lifted for Hellinikon investment project
More obstacles lying before the Hellinikon investment project have been lifted with two decisions by the influential Central Archaeological Council (KAS) and the Central Council of Contemporary Monuments. On Wednesday and Thursday, the councils approved a change in a SYRIZA ministerial decision thus loosening the previous strict licensing procedures. Specifically, …
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Gov’t to unblock stalled Eldorado Gold mining investment project
Mitsotakis government is determined to unblock big investment projects with two of them being Ellinikon at Athens Riviera and the other one the Eldorado mining project in Halkidiki, North Greece. While the Prime Minister is meeting with Spyros Latsis on Elliniko n Project, his energy minister Kostis Hatzidakis met with …
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Athens Urban Gallery: Telephone distribution boxes turn into works of art
Forty artists in Athens have transformed more than 100 telephone exchange boxes into works of art as part of the “Athens Urban Gallery”. The project was initiated by the Municipality of Athens. The youngest artist participating in the project! View this post on Instagram Αυτός είναι ο νεότερος συμμετέχων στο …
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“EU is at death’s door” – Time to rethink the European Project
“EU-imposed austerity is finally over for pauperised Greece – and it’s time for a rethink of the whole European project,” writes political theorist Marina Prentoulis on her opinion article “Greece may still be Europe’s sick patient, but the EU is at death’s door. Greece has entered a new, “normal” phase …
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