Greek Prime Minister Kyriakos Mitsotakis visited the Elefsina Shipyards on Friday afternoon.
The premier’s visit followed the parliamentary approval of a legislation for the modernization of the shipyards, which was voted through on Wednesday, government sources pointed out, and they added that Elefsina Shipyards is a critical pillar for Greece’s national defence Industry.
Furthermore, the revival of the country’s shipbuilding industry, through the restarting, the consolidation and the upgrading of the Elefsina Shipyards will significantly strengthen Greece’s economy and its geopolitical position, sources added.
The Elefsina Shipyards Consolidation Agreement, which functions as a sustainable model for restarting the Elefsina Shipyards, includes:
– Direct investment of 170 million dollars
– Securing all 600 current jobs
– Retroactive payouts & compensations of 41 mln euros to employees
– Creation of 1,400 new jobs within 3 years, reaching a total of 2,000
– Additional revenues of 1.1 billion euros for the Greek state via direct – indirect taxes and insurance contributions over the next 25 years
– Strengthening Greek economy with more than 1.6 bln euros that will be directed to domestic suppliers and the Greek industry
The Greek Prime Minister was accompanied by several ministers.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
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
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-600x400.jpg)
