Porto Cheli

The improved offer by the only candidate for the purchase of the state's 623,000-square meter property in the Ververonta area near Porto Heli in the Peloponnese was also judged to be too low.

This was the decision by the TAIPED board, putting an end to the second attempt in the last decade to utilize the property, advertised as even having the potential to develop a small airport.

Porto Heli in the Peloponnese has drawn intense investor interest, to the point of raising concerns of overdevelopment, balanced by expectations of profitable growth.

State asset utilization fund TAIPED is about to launch its second attempt in the last eight years to sell a 624,000 sq.m. property in an excellent location near Porto Heli in the eastern Peloponnese.

This is a piece of public land at Ververonda, which has the potential to host a small airport.

Greece's former King Constantine II, whose nine-year reign coincided with one of the most turbulent periods in the country's political history, died on Tuesday aged 82.

Greek public broadcaster ERT said Constantine, a cousin of British monarch King Charles III, died "of a stroke."

Three newly built catamaran passenger ships will as of next spring replace the old "flying dolphins" that have served destinations in the Saronic Gulf for more than 40 years, as Hellenic Seaways is renewing its fleet.

A prosecutor and an investigative magistrate in the southern Greek city of Nafplio released on bail the 44-year-old French skipper of an inflatable boat that slammed into a fishing boat, killing two people and severely injuring one.

A prosecutor and an investigative magistrate in the southern Greek city of Nafplio released on bail the 44-year-old French skipper of an inflatable boat that slammed into a fishing boat, killing two people and severely injuring one.

The 44-year-old French skipper of an inflatable boat that slammed into a fishing boat, killing two people and severely injuring one, will face an examining magistrate Monday in the southern Greek city of Nafplio.

The accident occurred Friday night near the resort of Porto Heli, about 200 kilometers south of Athens.

Shipping Minister Yiannis Plakiotakis expressed his deep regret on Saturday over a boating accident on Friday that left two people dead and one seriously injured, noting that checks on speedboats and other leisure craft have intensified this summer.
He said that although checks take place throughout the year, they have intensified this summer due to an increase in traffic.

Greek authorities say two people were killed and one seriously injured when two boats collided near a popular resort in the southern Peloponnese region.