Greece’s top administrative court prevented the sale of a luxury Athens seaside resort to an Arab-Turkish fund. The State Council judges decision ruled that the sale of the prime Astir Palace hotel complex and the development of the seaside site breached planning rules and woud harm the natural, cultural and urban environment.

The state council ruled out the preisdential decree-based plan for  the redevelopment of the Astir Palace area and the entire Mikro Kavouri Peninsula as the creation of small villas and the constructions set for the uninhabtied part of the Peninsula were not legal.