INVESTMENT

ENGLISH EDITION

Recovery Fund: 41 loan contracts for projects totalling 1.8 bln euros

Of the 1.8 billion euros, 824.4 million euros relate to RRF loans, 549.4 million come from commercial banks, and the remaining 439 million euros is investor capital. 

02 Νοε 2022 22:16

ENGLISH EDITION

Terna Energy unveils ambitious 2029 plans

Terna Energy unveiled plans leading up to 2029 to analysts as it presented its first half earnings. The company announced that by 2029 installed capacity will rise to 6.4GW. The total cost of the investment program is estimated at 5.9 billion euros.

03 Οκτ 2022 08:41

ENGLISH EDITION

"Greece 2.0" plan currently includes 372 projects worth 13.5 bln euros

Finance Alternate Minister Theodore Skylakakis signed decisions to include another 142 projects worth 3.28 billion euros in the Greece 2.0 plan, of which 21 were related to Green transition.

29 Σεπ 2022 21:45

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Greece attracts record 5 bln euros foreign direct investment in 2021

The president of Enterprise Greece, Ioannis Smyrlis said that the year 2021 was a milestone for Greek exports, which set a record of 40 billion euros, corresponding to 22% of GDP.

27 Σεπ 2022 21:14

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UAE Economy Minister sees strong investment interest in Greece

The two countries have collaborated on various bilateral and multilateral initiatives, including the joint declaration on the Strategic Partnership in 2020 and the creation of a 4.0-billion-euro fund for investments in the Greek economy.

20 Σεπ 2022 08:42

ENGLISH EDITION

Investment projects of 3.93 bln euros submitted to the 'Greece 2.0'

With regard to the loan part of the National Plan, 107 investment plans have been submitted so far by interested investors. The total budget of these proposals amounts to 3.93 billion euros, of which 1.68 billion euros are loans from the Recovery and Resilience Fund.

02 Σεπ 2022 21:47

ENGLISH EDITION

Mitsotakis: Greece can become a gateway for natural gas

Greece's Prime Minister K. Mitsotakis underlined that Greece has the potential due to its geographical location to become a gateway for natural gas from the Middle East and from the southeastern Mediterranean to Europe.

10 Μάιος 2022 09:51

ENGLISH EDITION

Borrowing on equal terms for all Attiki Odos bidders

The plan provides for securing bank lending on the same terms for all joint ventures that will bid for the 25-year concession contract of Attiki Odos. For example, all bidders will have access to a loan of 2 billion euros on equal terms and the rest will come from equity. 

09 Μάιος 2022 10:24

ENGLISH EDITION

State levy of 0.6 pct to burden Recovery Fund loans, harming investments

Banks had recommended the exclusion of Recovery Fund loans from the charge that was imposed during the country’s dictatorship and then turned into a tax. The aim of the banks' proposal is to keep interest rates as low as possible.

22 Οκτ 2021 08:13

ENGLISH EDITION

Investors crowd over port sales; the tenders coming

The ports of Volos and Corfu will be next in line for when HRADF will look for investors after the submission of nine bids for 67% of the Port Authority of Heraklion (OLI) and the ongoing tenders for the ports of Alexandroupolis, Nea Karvalis of Kavala and Igoumenitsa.

21 Σεπ 2021 09:57

ENGLISH EDITION

Heraklion port privatization draws nine bids - HRADF

HRADF said that its advisors will evaluate the bids and submit their recommendation to the Fund’s Board of Directors regarding the candidates that qualify for the next phase of the tender (binding offers phase).

19 Σεπ 2021 09:41

ENGLISH EDITION

The "battle" for Heraklion port and the long list of delayals

Interest for a 67% stake in OLI is expected to come from a number of strong groups such as the Italian group Grimaldi, that controls Minoan Lines, AVIAREPS of the Cretan businessman G. Grylos, GEK TERNA, and shipping companies such as Attica and possibly foreign investment groups.

20 Αυγ 2021 09:25