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Greece picks Lamda Development's 915 million euro bid to develop former Athens airport

ATHENS, Greece - Greece's state privatization agency has picked a Greek real estate company to develop a sprawling coastal Olympic complex and former airport, once earmarked as a metropolitan park but largely abandoned for the past decade. An agency statement Monday said its advisers submitted two separate positive opinions on Lamda Development's 915 million-euro ($1.26-billion) offer for the Hellenikon site. Lamda, backed by China's Fosun Group and Abu-Dhabi's Al Maabar, submitted the only offer for the tender, seen as the flagship of Greece's troubled privatization drive.

Greece receives improved bid for former Athens airport

Greek authorities said Wednesday they have received an improved, 915-million-euro ($1.3-billion) offer for the former Athens airport, one of the top assets of Greece's privatisation drive. The offer from Greek-led consortium Lamda Development is 25 percent higher than its initial offer, the Hellenic asset development fund said. A decision on whether to accept the offer will be made "within the coming days," the agency said.

Greece receives improved bid for former Athens airport

Greek authorities said Wednesday they have received an improved, 915-million-euro ($1.3-billion) offer for the former Athens airport, one of the top assets of Greece's privatisation drive. The offer from Greek-led consortium Lamda Development is 25 percent higher than its initial offer, the Hellenic asset development fund said. A decision on whether to accept the offer will be made "within the coming days," the agency said.

Germany rejects Greek Jews' Nazi-era reparation claim

Germany on Wednesday rejected a fresh Nazi-era reparation claim by a Greek city's Jewish community but offered the group cooperation on future projects. "With regard to issues of reparations, there are no new developments and all these questions are answered," a German finance ministry spokesman told a press conference. The Jewish community of Thessaloniki said Tuesday it had sued Germany at the European Court of Human Rights for compensation over a forced ransom paid to Nazi occupation forces.

Greek port workers strike over plans to sell stake in major port

ATHENS, Greece - Greek dock workers across the country walked off the job Wednesday in a 24-hour strike to protest plans to sell a stake in the Piraeus Port Authority, the country's largest port. Hundreds of striking port workers gathered in central Athens and marched to Parliament for a protest rally. Nearby, protesting farmers' market suppliers demonstrated outside the Finance Ministry against higher taxes. Both rallies ended peacefully.

Greek Jews sue Germany for Nazi damages

The Jewish community of Thessaloniki in Greece on Tuesday said it had sued Germany at the European Court of Human Rights, demanding compensation for a forced ransom paid to Nazi occupation forces. The announcement comes ahead of a scheduled visit to Greece by German President Joachim Gauck on March 5. The community said it had paid 2.5 million drachmas to the Nazi commander of Macedonia, Max Merten, in July 1942 to secure the release of thousands of Jewish men submitted to brutal forced labour.

Rain, economic crisis dampen Athens Christmas boat lighting, hope remains

ATHENS, Dec.10 (Xinhua) -- Heavy rain, added to the gloomy mood amidst the economic crisis, dampened the lighting of Athens' Christmas decorations on Tuesday evening. However, the launch of the festivities by Mayor of Athens Yorgos Kaminis on Syntagma square was marked with messages of hope that Greek peoples will beat all difficulties.

Feature: Two ancient civilizations embrace in tiny Greek island

By Liu Yongqiu, Chen Zhanjie LEFKADA, Greece, Dec. 9 (Xinhua) -- For every Chinese, it is common to see the famous Four Books (The Great Learning, The Doctrine of the Mean, The Confucian Analects, and The Works of Mencius) printed in traditional or simplified Chinese character, but it is rare to see them printed in Greek, one of the most difficult languages in the world.

Feature: Greeks touched by Chinese disabled artists' "dream"

by Alexia Vlachou, Chen Zhanjie ATHENS, Nov. 28 (Xinhua) -- "It was the most touching and fantastic performance anyone can watch, it was executed excellent," Greek pianist Maria Kanatsouli-Papadiamati commented after watching the performance of China Disabled People's Performance Art Troupe Wednesday evening in the Greek capital of Athens. Papadiamati was among thousands of Athenians who welcomed the world renowned troupe and its emotional performance "My Dream" at Megaron Athens Concert Hall.

Seven sentenced over Olympia robbery in Greece

Seven men were sentenced by a Greek court on Wednesday in connection with a high-profile museum robbery in Olympia last year, a judicial source said. In February 2012, armed thieves broke into a museum dedicated to the ancient Olympic Games and made off with nearly 80 archaeological artefacts. In November last year, police arrested three suspects trying to sell a Bronze Age gold ring in a hotel in the western city of Patras and subsequently cracked the case, recovering the stolen items.
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