Adonis Georgiadis

Government signs 57.5-million-euro deal for Alimos marina

The 57.5-million-euro concession agreement to use and exploit the marina of Alimos, in southern Athens, for a duration of 40 years was signed on Wednesday with Aktor Concessions.

The value of the agreement amounts to at least 177 million euros, including an up-front fee, an annual concession fee and a revenue-sharing expressed as a percentage of the marina's annual turnover.

New fund to boost cash flow

The creation of the Guarantee Fund, which will be activated by the Development Ministry in early May to oversee the supply of state-guaranteed working capital of over 7 billion euros up until the end of 2020, marks the start of the economic recovery, through the direct injection of cash into medium-to-large and large businesses.

Extended supermarket opening hours to continue till May 9

The extended opening hours for supermarkets will continue beyond April 25, following a decision by Development and Investments Minister Adonis Georgiadis on Thursday.
Large food stores, including supermarkets, will continue to open from Monday to Friday from 7 a.m. to 9 p.m. and on Saturday from 7 a.m. to 8 p.m. until May 9 at least, as has been the case since March 26.

Stores to start reopening gradually from mid-May, says minister

Restrictions on the operation of retail stores will gradually start to ease in mid-May, Development Minister Adonis Georgiadis said on Thursday, adding that the lifting of the measures will take place in reverse order to that in which they were introduced.
This means that the first businesses to be allowed to reopen will be the retail stores that were shuttered on March 18.