
The maturation of the tender process for the “Athenian Riviera-Urban Promenade” redevelopment project is entering the final stretch, with the submission of the relevant technical data sheet, which will be signed by the regional governor of Attica, Giorgos Patoulis, the Hellenic Republic Asset Development Fund’s authorized advisor, P. Stampoulidis and the Minister of Environment and Energy, Kostas Skrekas.
The project is financed by the resources of the Recovery Fund with beneficiary implementing bodies the Region of Attica and the Hellenic Republic Asset Development Fund-HRADF, with a budget of approximately 25 million euros.
It is noted that the specific project is part of an overall budget action of approximately 475 million euros and concerns the remodeling of the beach front from Kallithea to Vouliagmeni and includes the creation of bicycle paths, consolidation of spaces, sidewalks and other facilities.
The Financial Committee of the Attica Region has already approved the conclusion of the relevant contract between the Region and HRADF as well as its terms. The subject of the eligible project is the unification of the coastline from the Municipality of Kallithea to the Town Hall of Vari-Voula-Vouliagmeni. It covers six municipalities (Kallithea, Paleo Faliro, Alimos, Ellinikon-Argyroupolis, Glyfada, Vari-Voula-Vouliagmeni). The plan is to create a single network with a bicycle path and a pedestrian path. It is estimated that the project will span about 13.5 kilometers of the beachfront. According to the plan, the project will be completed by December 31, 2025.
“The intervention will significantly improve the image and the quality of the urban environment, while at the same time it will be a point of reference and will contribute to the growth potential of the Attica basin”, said Mr. Patoulis.


Latest News

Unemployment Rate in Greece Down 8.9% in January: IOBE
The unemployment rate in Greece recorded a further decline in January 2025, reaching 8.9%, according to the latest Foundation for Economic & Industrial Research (IOBE) report.

Demand for Short Term Rentals in Greece Surges Ahead of Easter
Among the most popular Easter destinations from Good Friday to Easter Monday are Corfu, Hydra, the Peloponnese, Ioannina, Patmos, Loutra Edipsou, Kavala, Thassos, and Pelion

Opposition Reacts Strongly to Greek Government Reshuffle
PASOK's spokesperson, Kostas Tsoukalas, characterized the reshuffle as a clear indication of Mitsotakis' "strategic deadlock."

Greece’s Economy Awaits Moody’s Verdict on Investment-Grade Rating
The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.

Greek PM Reshuffles Cabinet after No-Confidence Vote
The most notable changes in the Greek cabinet reshuffle include Kostis Hatzidakis being appointed Deputy Prime Minister and Kyriakos Pierrakakis taking over as Minister of National Economy and Finance.

Mitsotakis: Greece-Israel Strategic Ties Increase Stability in East Med
Greek Prime Minister Kyriakos Mitsotakis made the statement in welcoming Israeli Foreign Minister Gideon Sa'ar to his office on Thursday

Conference Tourism in Greece Targets €6-7BLN
Currently, the Greek conference tourism generates €2 billion in revenue, ranking 47th globally in terms of total turnover in the international conference industry

Greece 2nd Last in Employment Prospects in EU: ManpowerGroup Report
Contrary to the global average, Greece’s employment prospects are strongest in the consumer goods and services sector

Greece Returns to Markets Reopening 15- and 30-Year Bonds
Pricing of the new bonds is expected to be finalized today, March 13, with settlement anticipated on March 20

Research in Greece : Wasted Talent, Missed Opportunities
The symposium made one thing clear: Greece possesses the intellectual capital to compete globally, but without decisive policy reforms, its research potential will continue to be squandered.