Kathimerini English

Turkey-Bulgaria railway.

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and infrastruc­ture – for more months of the year. “The Cyclades islands have the highest profits per year on average,” Kikilias told the InvestGR forum in Athens, while Alexander Zinell, chief executive of Fraport Greece, said that there would be more flights to the 14 regional airports his company operates if visitors were given more activities or opportunit­ies, as is the case in Antalya, Turkey, where parent company Fraport has also invested. shows Ankara’s will to support the financial sector and limits the risk for a rating downgrade, credit rating agency Fitch said yesterday. In a conference call, Fitch also said it sees weaker growth in the Turkish banking sector this year compared to previous years.

The European Union will grant Turkey 275 million euros to fund part of a 155-kilometer railway line from Istanbul to the Bulgarian border under an agreement signed yesterday. The 1.1-billion-euro HalkaliKap­ikule project is the fourth major railway to be partly financed by the EU, which has so far provided around 840 million euros in grants for Turkish railways in the past eight years. Yesterday’s agreement will help fund the constructi­on of almost half of the Halkali-Kapikule line with the remainder to be financed by Turkey’s State Railway (TCDD).

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