Elliniko SA

The necessary demolitions and the other preparatory work on the plot of the old Athens airport at Elliniko will start at the end of March at the earliest, after the relevant amendment was passed in Parliament on Monday.
That period is required to attain the approval of the Central Archaeological Council and the Central Council for Modern Monuments.

The country's Central Archaeological Council (KAS) on Wednesday postponed for the third time in a month a scheduled discussion about whether part of a plot at Elliniko, the site of the capital's former airport in southern Athens, should be declared of archaeological interest, a move that could stop a large real estate investment in the area.

The Culture Ministry's Central Archaeological Council (KAS) was meeting on Wednesday to determine whether any parts of the capital's old international airport at Elliniko, southern Athens, should be declared of archaeological interest, a decision that could scupper a major investment project at the site.

Two previous meetings failed to reach a decision.

As Prime Minister Alexis Tsipras persists with his new pro-investment narrative, the outlook remains unclear for a major project in Greece - the development of the plot of the capital's former airport at Elliniko - as state archaeologists press for the protection of antiquities that might be found on the site.

As decision time on the old Athens airport plot at Elliniko nears for the Central Archaeological Council, threatening to destroy the prospects of Greece's biggest development project, Kathimerini reveals that the memorandum signed between the Culture Ministry and the Elliniko SA company to be sold to the investors is fully compliant with the clauses of the legislation on archaeology.

An eight hours marathon meeting of the Culture Ministry's Central Archaeological Council (KAS) to determine whether any plots of the capital's former airport at Elliniko, south of Athens, should be declared of archaeological interest ended without an agreement late Tuesday.

Concerns resurfaced about the outlook for a large investment on the site of the capital's old international airport at Elliniko, southern Athens, on Tuesday as members of the Culture Ministry's Central Archaeological Council (KAS) convened until late into the night to determine whether any parts of the plot should be declared of archaeological interest, a decision that could scupper the project

The concession process for the development of the old Athens airport at Elliniko is emerging from its hibernation as the government is being forced by its creditors to wrap up pending issues before the plot is delivered to the winning bidder, the Lamda Development-led consortium.

Despite the decrease in refugee flow to Greek islands, more than 6,000 refugees and immigrants are living under the worst conditions at Elliniko.

The management of “Elliniko SA” sent a letter warning of the possible epidemic outbreak, since more than 6,000 people are staying in the temporary refugee center at former Greek airport at Elliniko.

By Vangelis Mandravelis

The government is just one step away from selling the company that will develop and operate the old Athens airport site at Elliniko, as Lamda Development tabled on Wednesday an improved offer of 915 million euros in nominal value for Elliniko SA to state privatization fund TAIPED.