Vouliagmenis Avenue

They will also proceed through a maturing model, similar to that of Athens’ Alimos marina

Three individuals sustained minor injuries after a nine-vehicle pileup on Alimou Avenue in southern Athens at its junction with Vouliagmenis Avenue. 

One of the injured was extricated from her vehicle by firefighters using a rescue rope.

The accident has caused traffic congestion on Alimou Avenue, at the intersection with Vouliagmenis Avenue.

Seven people were arrested in southern Athens on Monday in a large police operation to smash an organised crime syndicate involved in extortions and violence against business owners. 

A 15-year-old girl was hit by a speeding car in the southern Athenian suburb of Voula on Thursday morning, state-run broadcaster ERT reported.

According to the report, the girl was crossing the street at the junction between Vouliagmenis Avenue and Agiou Ioannou Street at 8.30 a.m. when the car struck her. ERT said the 59-year-old female driver appears to have run a red light. 

Lamda Development is set to form two new consortiums with major domestic and international groups from the sector of real estate and institutional investments, aimed at developing two new projects at the landmark cluster of Elliniko on Athens' southern coast.

A popular act on the Greek nightclub circuit, Notis Sfakianis, is due to face a magistrate on Monday on drugs and weapons charges, following his arrest in southern Athens on Sunday night.

After residential properties, it is the turn of modern office spaces in Athens to record major hikes in their rental rates.

According to the latest report by Geoaxis Property & Valuation Services, at the start of the year the average increase amounted to 8 percent from a year earlier, and in several cases the hikes were even higher.

Lamda Development has reached an agreement with Eurobank and Piraeus Bank for loans adding up to 1.1 billion euros.

Police on Monday were probing a series of overnight arson attacks in different parts of Attica.

The perpetrators targeted a car dealership, vehicles, a bank ATM and a cafe, causing damage but no injuries. 

Unidentified assailants used sledgehammers to smash the facade of a bank on Vouliagmenis Avenue in the Athens suburb of Dafni in the early hours of Monday morning. 

The attack, which occurred at 2.30 a.m., was recorded by surveillance cameras, according to the police who were seeking the perpetrators.