Greece Has Entered Final Stretch for Hellenikon Project

January 28, 2020

ATHENS – “We have entered the final stretch, everything has been put into order,” Development and Investments Minister Adonis Georgiadis said on Monday regarding the progress of the Hellenikon project.

Speaking to “Praktoreio 104.9 FM”, the Athens-Macedonian News Agency’s (ANA) radio station, Georgiadis said that a draft bill tabled by Infrastructure and Transport ministry in Parliament included all regulations to facilitate the immediate start of works in Hellenikon project, “soon after completion of an international tender for the casino license”. The minister said Hard Rock International has a January 31 deadline to lodge an appeal against a decision awarding the license to the other candidate in the tender. “I can understand it when a company losing a tender is not pleased but in a tender someone loses, someone wins,” Georgiadis said.

He underlined the need to begin a public consultation on what to do with the area of the current airport in Heraklion, Crete, ahead of the start of works for the construction of a new international airport in Kasteli.

Commenting on the course of the Greek economy and the prospect of renegotiating targets for primary surpluses, Georgiadis said: “The first indications are excellent, all international organisations are revising their forecasts for the growth of the Greek economy upwards, credit rating agencies are upgrading Greece, interest rates continue falling – I don’t see why we cannot move exceptionally…A discussion has begun on surpluses and decisions are expected in the next few weeks. I am confident that this discussion will get somewhere. In Europe, always, these discussions take time and are the result of compromise”.


The continuation of the pandemic continues to raise hurdles in forecasting the short-term trend of the country's Gross Domestic Product, but based on available data the Greek GDP is expected to rise by 5,2% in the first half of 2022 (7% in the first quarter and 3.

Top Stories


ATHENS – A major snow storm that had been predicted for days still caught residents in Greece offguard and the New Democracy government scrambling for answers as to why motorists were stuck for hours on major roads.


US Congress represenatives Gus Bilirakis of Florida and Nicole Malliotakis of New York – both Republicans – assailed President Joe Biden's administration for no longer supporting the EastMed pipeline project by Greece, Cyprus and Israel.


WASHINGTON HEIGHTS, NY – In the presence of distinguished guests, the vasilopita was cut by the Federation of Greek American Educators in the community hall at St Spyridon Greek Orthodox Church in Washington Heights on January 23.


Meet Methuselah, the Oldest Living Aquarium Fish

SAN FRANCISCO — Meet Methuselah, the fish that likes to eat fresh figs, get belly rubs and is believed to be the oldest living aquarium fish in the world.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.