x

Economy

Parliament Approves Property Rights Contract for Hellenikon Project

ATHENS — A draft plan by the Finance Ministry on the Hellenikon project was approved in plenary on Thursday by a wide majority.

"Ratification of the contract to transfer property rights due to contribution of item in exchange to share capital increase between the Hellenic Republic Asset Development Fund (HRADF) on the one hand and Hellenikon SA on the other", as the draft was titled, was approved by ruling New Democracy, main opposition SYRIZA and Movement for Change (KINAL). It was rejected by the Communist Party of Greece, Greek Solution and MeRA25.

Addressing Parliament's plenary, Finance Minister Christos Staikouras said that by the ratification of the contract, the ministry has met nearly all its obligations for the immediate start of this emblematic project.

RELATED

ATHENS - While scores of thousands of Greeks fled the country during a near decade-long eonomic and austerity crisis, seeking jobs and a better life in other countries, a relative handful are coming back, along with foreign investors drawn by low taxes.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Woman Fatally Shot while Pushing Stroller on Upper East Side

NEW YORK — A 20-year-old woman was fatally shot Wednesday night while she pushed her infant daughter in a stroller on the Upper East Side, police said.

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.