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Niarchos Foundation’s initiatives in Greece October 28, 2006

Posted by grhomeboy in Architecture Greece.

Prime Minister Costas Karamanlis on Friday received the director of the Athens-based Niarchos Foundation, Epaminondas Farmakis, with the latter outlining the charitable organization’s intent to fund three major projects in the greater Athens area.

Specifically, Farmakis briefed the Greek Premier on the Niarchos Foundation’s aim to fund the construction of a new Opera House, National Library and cultural-educational park on 20 hectares of land in the so-called Faliro Delta, a tract of land in southern coastal Athens that for several decades before the Athens 2004 Olympic Games hosted Greece’s only horse race track. The latter was transferred to the Markopoulo Olympic Equestrian Complex ahead of the 2004 Games.

An initial study is pending, with the signing of a memorandum of cooperation between the state and the foundation being the next step.

The foundation is named after its creator, the late Greek shipping magnate Stavros Niarchos.

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