Greek government upbeat over Elliniko investment

Greece's leftist-led administration has welcomed a decision by the country's Central Archaeological Council (KAS) to conditionally permit a major redevelopment project in Elliniko, south of Athens, saying it cleared the way for the transformation of the capital's former airport.

During a press briefing Wednesday, government spokesman Dimitris Tzanakopoulos said a decision by KAS to declare part of the plot under the project of archaeological interest would protect the whole process from future litigation.

The recommendation will not restrict development on the plot, Tzanakopoulos told journalists, but only mean that archaeologists will have a closer supervision of construction work.

KAS, an advisory body, recommended on Tuesday that about 30 hectares of the 620-hectare plot under the project be declared an archaeological site.

Greek developer...