- Minoan Group, the AIM listed travel and leisure company, is pleased to announce that its Crete Project has been granted Fast Track status by the Greek Government.

The decision was taken by Greece's Interministerial Committee for Strategic Investments, which is responsible for approving projects for Fast Track, after Invest in Greece S.A. ("IIG"), the country's official investment promotion agency, had evaluated and approved the application.

The Fast Track process is part of the significant changes to Greece's investment laws designed to facilitate strategic investment projects. IIG will coordinate the overall planning procedure.

At 9:33am: [LON:MIN] share price was -0.75p at 13.25p

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