Sallas: “The Elliniko investment is an important step towards recovery”
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
Poll: New Democracy leads with a 14.8% difference to SYRIZAmakis - Jun 24, 2021
The governing party of New Democracy is clearly leading the polls with 37%, a difference of 14.8% from SYRIZA which…
Greece and Italy top European picks for American touristsPanos - Jun 24, 2021
Italy and Greece are the top two choices in Europe for American travellers this season, according to a report by…
Turkish coastguard harassed Cypriot fishing boat (photos)Panos - Jun 24, 2021
New provocation from Turkey. Turkish coastguards harassed the fishing boat “Maria – Bouboulina”, while sailing in international territorial waters. The…