DEVELOPMENT OF LAND RAVAGED BY FIRES
Sep 25th, 2007 by admin
Within days of New Democracy re-election, the goverment gave property developers the green light to build on an enviromentally sensitive area next to forests ravaged by this summer’s deadly fires. Documents leaked to the Greek press show the finance Ministry pushed through an agreement allowing building to begin in a protected area in the Southern Peloponnese, probably the area hardest hit by this summer’s devastating fires.
The agreement signed by the Public Real Estate Corporation (KED), which is controlled by the Finance Ministry and the Zacharo Municipality states developers will be allowed to make use of the land for up to sixty-nine years.
The explanation given is that the agreement will help support the local economy and theĀ redevelopment of the area.
Analysts on the other hand, say the decision will come at a huge cost to the sensitive ecosystem in the area.