ENGLISH EDITION

Intracom Defense, India's Tata Group and the Polish group Solaris, which had initially expressed interest, reportedly did not submit bids.

Kassiopi Project, budgeted at over 120 million euros, entails construction on 7 pct of an area of 49.5 hectares (495 stremmas), which will remain green. It will involve a 5-star hotel with 90 rooms and 76 suites, and up to 40 separate luxury villas. It is expected to create 1,000 new jobs to begin with and 500 new jobs once completed, and will include a marina for nearly 60 yachts along with resupply stations.

In an interview, Dendias spoke of Monday's EU Council of Foreign Affairs, which will discuss the issue of Turkey. He said he will also raise the issue of Turkey's decision this past week to convert World Heritage listed monument Hagia Sophia to a mosque, which he said should be addressed by the EU, UNESCO and the United Nations.

Accompanied by key ministers and speaking after a meeting with Ionian islands' regional officials, he added that Greece «will salvage what it can from this year's tourism season, with the safety of both visitors and residents a top priority», and added that preventive measures at Ionian islands will intensify as they are nearing the opening of tourism from Great Britain on July 15.

Calling the issue one that bears international gravitas, Stelios Petsas added that Turkish President Recep Tayyip Erdogan's decision is «mistaken and will give rise to a series of problems for him," expressing his conviction that "such delinquent behavior, an insult of this magnitude, should have a corresponding response».

The event, which will be attended by the Greek Prime Minister Kyriakos Mitsotakis, will begin with a greeting from the Alternate Minister of Foreign Affairs Miltiadis Varvitsiotis in his capacity as Chair of the Committee of Ministers of the Council of Europe.

Giorgos Peristeris, head of GEK TERNA spoke extensively about the important role that clean energy can play, not only in the Greek economy, but also globally.

Stock market officials believe that it is a well-intentioned bill, which seeks to tighten rules on corporate governance and prevent mismanagement, but ends up being an over-the-top and bureaucratic system of rules that hands over excessive control to the Capital Market Commission, prompting fears that it may create more problems than it will solve.

According to British real estate site Rightmove, Greece is in the top 5 of countries the British prefer to buy a seaside villa or a countryside house in. The top 5 countries are Spain, France, Portugal, Italy, and Greece.

Athanasiou said infrastructure projects will begin in the first half of 2021, among them a coastal front park, one of the biggest in the world. The project will create a coastal front that will leave behind “this grey landscape that you see right now”.