360° Coverage : Could derelict airport be Greece's economic savior?

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Could derelict airport be Greece's economic savior?

Source: CNN, Nov 22 2012, 5:26am CST

The Hellinikon airport site could bolster Greek GDP by 0.3% over 10 years, according to a fund spokesman STORY HIGHLIGHTS Greece is selling off assets from gas reserves to sewage works as it seeks to contain its debt woes The fund has p ...

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10

1 hour ago

CITI: Good News, We No Longer Think Greece Will Exit The Eurozone

Source: The Business Insider  |   May 22 2013, 2:13pm CDT

Last summer, Citi's chief economist, Willem Buiter, introduced a bold call: he assigned a 90% probability that Greece would exit the euro on January 1, 2013. This assertion was made before European Central Bank President Mario ...

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Update
9

1 hour ago

Greece

Source: OpPapers.com  |   May 22 2013, 1:56pm CDT

Five Facts about Greece Did you know Greece has the largest merchant shipping fleet in the world? Shipping is the second largest Greek industry after tourism and it creates the backbone of the global shipping ...

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Update
8

25 weeks ago


Quote:
"It could provide space for tourism, housing or entertainment... It's a big, big scale investment."


Source: CNN

 

Who is this Celebrity?

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7

2 hours ago

Greece's National Bank shares to trade ex-rights from May 24

Source: Reuters  |   May 22 2013, 1:12pm CDT

ATHENS May 22 (Reuters) - Shares in Greece's largest lender National Bank (NBG) will trade without rights to buy into its 9.75 billion euro share issue from May 24, the Athens stock exchange said on Wednesday ...

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6

4 hours ago

Update : Luring Tourists Back to Greece

Source: International Herald Tribune  |   May 22 2013, 11:35am CDT

Kostas, a waiter at the Diodos taverna, which offers a splendid view of the scene, smiled. A year ago, amid a political and economic crisis that fueled protests in central Athens and pushed Greece toward the brink of exiting t ...

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5

6 hours ago

Greece is counting on tourism to spark growth

Source: Canada.com  |   May 22 2013, 9:21am CDT

As the crisis unfolds in Greece, the big question on everybody's mind, within the country and beyond, is when the long-awaited economic turnaround will happen and put an end to five years of recession. The government has shown great commitmen ...

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4

7 hours ago

Societal Ills Spike In Crisis-Stricken Greece

Source: The New York Times  |   May 22 2013, 8:30am CDT

ATHENS — “Five euros only, just 5 euros,” whispered Maria, a young prostitute with sunken cheeks and bedraggled hair, as she pitched herself forward from the shadows of a graffiti-riddled alley in central Athens on a recent weeknight. As a chill wind ...

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3

7 hours ago

Greek PM invites China to 'join Greece's success story'

Source: MinnPost.com  |   May 22 2013, 8:28am CDT

Officials in Brussels and Washington may view China’s global shopping spree with alarm, as the Asian power house continues to buy up companies, sovereign debt, ports, and bridges around the world. But the Greeks are alr ...

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2

9 hours ago

Portugal plunders pension fund to tackle debt cliff

Source: Reuters  |   May 22 2013, 6:38am CDT

LONDON, May 22 (IFR) - The Portuguese government plans to tap nearly all of its state-owned pension fund to ease it over the hump of a hefty EUR27.5bn of financing needs over the next two years, according ...

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1

11 hours ago

15 Days in Greece: Popular Islands and Posh Towns

Source: Greecelogue.com  |   May 22 2013, 3:56am CDT

After being asked for the “perfect 15 days in Greece itinerary” I got to thinking about a dream vacation in this beautiful country. And since I love to hear others’ stories and ideas regarding a lovely vacati ...

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