Tag: sustainable development

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Greece to Host One of Europe’s First AI Factories

Greece will host one of the EU’s first seven AI factories as part of a €1.5 billion initiative led by EuroHPC to foster AI innovation across Europe. Named *Pharos*, the Greek project focuses on health, Greek culture, and sustainable development, leveraging the Daedalus supercomputer to support startups, SMEs, and a trans-border AI ecosystem. Slated to begin in 2025, the initiative aims to position Greece as a key player in the EU’s AI landscape.

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Greece Introduces Sustainability-Focused Hotel Rating System

Greece is introducing a groundbreaking hotel rating system based on sustainability principles, aiming to assess hotels by their environmental and social impact. Announced by Tourism Minister Olga Kefalogianni, the initiative aligns with national and European climate goals, promoting sustainable tourism and setting a global precedent in eco-conscious hospitality.

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Greece Partners with EU and EIB to Launch Fund for Renewable Energy Transition on Islands

Greece has signed an agreement with the European Commission and the European Investment Bank to create a fund aimed at helping its islands, which heavily rely on tourism, transition from fossil fuels to renewable energy sources. This initiative seeks to lower energy costs and promote sustainable practices, ensuring a greener future for these sunlit Aegean and Ionian islands.

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Mykonos Set to Implement Stricter Building Regulations as Tensions Rise

Mykonos is set to implement stricter urban planning regulations with the proposed Special Urban Plan, which includes significant restrictions on construction for both housing and tourist accommodation. The plan aims to protect the island’s landscape while addressing infrastructure needs, such as water supply and waste management. It also proposes the creation of protected zones and limits on building sizes, particularly in high-demand tourist areas. As local stakeholders voice their concerns, the plan aims to balance tourism development with environmental preservation, with a public consultation period opening today.

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Mitsotakis Highlights Greece’s Leadership in Energy Transformation at COP29

At COP29 in Baku, Prime Minister Kyriakos Mitsotakis highlighted Greece’s leadership in energy transformation, with 50% of the country’s energy now sourced from renewables. He emphasised that Greece’s geographical advantages and focus on energy exports are creating new investment opportunities. Mitsotakis also stressed the need to balance short-term climate adaptation with long-term mitigation efforts as part of Greece’s commitment to addressing the climate crisis.

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Greek Deputy FM Fragogiannis Attends COP29 in Baku

Greek Deputy Foreign Affairs Minister Kostas Fragogiannis joined the nation's delegation in Baku for the 29th UN Climate Change Conference (COP29). Greece is showcasing its commitment to sustainability with a national pavilion hosting over 40 events, including discussions on green economy leadership and digital transformation partnerships with Masdar.

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Greece Approves 271 Investment Projects, Creating 4,420 New Jobs

The Greek Ministry of Development has approved 271 investment projects, totaling €858 million, expected to create 4,420 new jobs across tourism and manufacturing sectors. Targeted support is directed at areas needing economic boost, including Thessaly, Eastern Macedonia, Thrace, and the South Aegean. The Hellenic Development Bank’s DELFI fund will ensure loan access for these projects as part of Greece’s focus on sustainable, balanced growth.

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PASOK’s Androulakis: Mitsotakis Has Failed, We’re the Future

PASOK leader Nikos Androulakis criticised Prime Minister Kyriakos Mitsotakis as a "failed" leader during his speech at the 88th Thessaloniki International Fair. He predicted that PASOK will lead the next progressive government, presenting a plan focused on sustainable development, quality jobs, and reducing inequality. Androulakis emphasized the need for a fairer society and a more resilient economy.

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Ellinikon's Riviera Tower: A Green Beacon of Progress Rising From the Aegean Coast

A remarkable transformation is underway on the Athenian Riviera. With a new floor added every five days, the Riviera Tower at Ellinikon is rapidly ascending to its full 200-meter height, a testament to ambitious urban renewal and a new era for Athens. This 50-story marvel, set against the backdrop of the azure Aegean Sea, will claim the title of the tallest residential seaside skyscraper in the Mediterranean. Its impressive stature is matched only by its commitment to sustainability, earning it the moniker of the "green giant."

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HACCI National Federation Unveils The Ellinikon to Australia

The Hellenic Australian Chamber of Commerce and Industry (HACCI) National Federation recently introduced The Ellinikon, Europe's largest urban renewal project, to Australia through a series of events in Perth, Adelaide, Melbourne, and Darwin. Nearly 400 attendees, including business leaders and government representatives, learned about the AU$13 billion development transforming the former Athens International Airport into a sustainable, cutting-edge urban environment.