
The European Commission has approved funding for the creation of the Faliro Delta Park along the Athenian Riviera in the coastal suburb of Faliro, the Attica Region authority announced this week.
Budgeted at 370 million euros, the 54-hectare park will be fully accessible and include sports and recreational facilities, an open-air cinema, cycling lanes, gaming and exhibition areas, and pools, and is set to be completed by 2028 together with accompanying projects which include parking spaces and roads.
European Commissioner for Cohesion and Reforms Elisa Ferreira approved the inclusion of the plan in the Commission’s New European Bauhaus (NEB) policy and funding initiative which fosters sustainable solutions that will help transform the built environment under the green transition drive. Plans also include the planting of 2,900 trees.
Commenting on the news, Attica Regional Governor Nikos Hardalias said the Faliro Delta Park will be the largest urban regeneration project to be implemented by the Attica Region.
Also commenting on the decision, Ferreira said the metropolitan park will evolve into an important landmark for Attica, “connecting people of all ages, who will have free access to a multitude of sports, educational and creative activities”.
“The park,” she said, “adopts the principles of the new European Bauhaus, serving as the ideal example of how urban renewals can be designed in terms of sustainability, high aesthetics and inclusion”.
The project will be carried out through a public-private partnership and awarded via commission to a global operator who will oversee commercial uses, maintenance and operations for a designated period of time.
Source: tovima.com


Latest News

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread

Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion

Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece

Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece