Galatsi

The local bourse lost about one-seventh of its capitalization in October as the benchmark declined 13.73 percent within the month despite Friday’s gains of almost 1 percent.

Athens could have a new metro line running from Goudi to Galatsi via the city center by 2023, it was revealed Thursday as the government said it would launch a tender for the 1.2-billion-euro project in the fall of 2015.

Greece will aim to clinch a deal with the European Investment Bank regarding funding for a fourth metro line in Athens when officials from the Luxembourg-based long-term lending institution visit the city in September, Kathimerini has learned.

In a surprise decision, authorities have banned access to the planted areas of Pedion tou Areos, one of the country’s largest public parks, and other green spaces in Athens.

By Vangelis Mandravelis

State bailout fund TAIPED is moving ahead with its plans for the utilization of three major state properties, the Olympic facilities at Galatsi and Markopoulo and the Sambariza property at Ermioni, all in Attica.