Sallas: “The Elliniko investment is an important step towards recovery”

9 June 2016
103 Views

The President of Piraeus Bank Michalis Sallas underlined the importance of investments in the effort to overcome the financial crisis.

“To exit the crisis Greece needs investments, which will help create new wealth for employees, companies and society” he underlined and explained that “the major investment at [the former airport site of] Elliniko worth 8 billion euros is exactly in this direction”.

According the President of Piraeus Bank, the investment at Elliniko will be a major boost to tourism and real estate market in Attica, which will in turn attract even more investments.

Mr. Sallas concluded that his bank, which acts a consultant for privatization fund TAIPED, believes the Elliniko investment must act as a guide for the path that the economy needs to take.

You may be interested

Greece Wins Europe’s Best Destination Video by the World Tourism Organization
GREECE
shares27 views
GREECE
shares27 views

Greece Wins Europe’s Best Destination Video by the World Tourism Organization

Panos - Sep 20, 2017

A video highlighting Greece’s natural, historical and cultural assets, was selected as the number one tourist video of a European…

Spectacular Fireworks Display at the Santorini Volcano Festival
GREECE
shares56 views
GREECE
shares56 views

Spectacular Fireworks Display at the Santorini Volcano Festival

Panos - Sep 20, 2017

Tourists lucky enough to be in the Greek island of Santorini last weekend, had the experience of a lifetime as…

Greek Debt Crisis: Why Syriza Continues to Lose
FINANCE
shares46 views
FINANCE
shares46 views

Greek Debt Crisis: Why Syriza Continues to Lose

Panos - Sep 20, 2017

This past August marked the second anniversary of the Greek debt crisis and the third major piling on of debt…

Leave a Comment

Your email address will not be published.