Berliner Boersenzeitung - Gentrification fuels ire in iconic Athens neighbourhood

EUR -
AED 4.033632
AFN 75.554639
ALL 98.772991
AMD 426.769718
ANG 1.987359
AOA 1013.613232
ARS 1071.533469
AUD 1.61591
AWG 1.97671
AZN 1.871252
BAM 1.955661
BBD 2.226442
BDT 131.77065
BGN 1.955761
BHD 0.413671
BIF 3199.173
BMD 1.098172
BND 1.431298
BOB 7.619459
BRL 6.040371
BSD 1.102722
BTN 92.528435
BWP 14.585965
BYN 3.608644
BYR 21524.172736
BZD 2.222642
CAD 1.491263
CDF 3152.852434
CHF 0.941709
CLF 0.036817
CLP 1015.897916
CNY 7.707466
CNH 7.796148
COP 4619.972186
CRC 571.959416
CUC 1.098172
CUP 29.10156
CVE 110.257177
CZK 25.371843
DJF 196.356067
DKK 7.460437
DOP 66.315295
DZD 146.42761
EGP 53.048236
ERN 16.472581
ETB 131.91484
FJD 2.429651
FKP 0.836323
GBP 0.836926
GEL 3.00942
GGP 0.836323
GHS 17.444762
GIP 0.836323
GMD 75.774264
GNF 9520.324478
GTQ 8.532395
GYD 230.693631
HKD 8.529514
HNL 27.419054
HRK 7.466484
HTG 145.389684
HUF 401.715553
IDR 17208.356468
ILS 4.188324
IMP 0.836323
INR 92.279785
IQD 1444.497505
IRR 46238.535747
ISK 148.978448
JEP 0.836323
JMD 174.237637
JOD 0.778059
JPY 163.312508
KES 142.249907
KGS 93.019347
KHR 4475.682425
KMF 493.024776
KPW 988.354248
KRW 1479.095448
KWD 0.336404
KYD 0.918935
KZT 532.542213
LAK 24349.272279
LBP 98745.393447
LKR 323.85702
LRD 212.8149
LSL 19.264533
LTL 3.242617
LVL 0.664274
LYD 5.258627
MAD 10.785735
MDL 19.346627
MGA 5050.641628
MKD 61.615628
MMK 3566.820073
MNT 3731.588673
MOP 8.817974
MRU 43.654902
MUR 51.054436
MVR 16.857357
MWK 1912.064328
MXN 21.173201
MYR 4.635938
MZN 70.177291
NAD 19.264533
NGN 1798.454863
NIO 40.577121
NOK 11.700809
NPR 148.045495
NZD 1.783123
OMR 0.42283
PAB 1.102722
PEN 4.107709
PGK 4.391688
PHP 62.203216
PKR 305.994888
PLN 4.317782
PYG 8595.390108
QAR 4.020515
RON 4.98296
RSD 117.010697
RUB 104.99255
RWF 1493.993993
SAR 4.125043
SBD 9.091451
SCR 16.483971
SDG 660.554542
SEK 11.385387
SGD 1.431581
SHP 0.836323
SLE 25.09027
SLL 23028.113751
SOS 630.155287
SRD 34.266988
STD 22729.944822
SVC 9.648315
SYP 2759.190222
SZL 19.256634
THB 36.545012
TJS 11.743567
TMT 3.854584
TND 3.373161
TOP 2.572033
TRY 37.608083
TTD 7.478469
TWD 35.455625
TZS 3004.786793
UAH 45.397479
UGX 4043.713075
USD 1.098172
UYU 46.116728
UZS 14049.003142
VEF 3978186.045782
VES 40.620775
VND 27201.722381
VUV 130.377195
WST 3.072096
XAF 655.910459
XAG 0.034122
XAU 0.000414
XCD 2.967865
XDR 0.820042
XOF 655.910459
XPF 119.331742
YER 274.876415
ZAR 19.192369
ZMK 9884.870451
ZMW 29.02794
ZWL 353.610961
  • SCS

    0.3500

    12.97

    +2.7%

  • NGG

    -0.4700

    66.5

    -0.71%

  • RBGPF

    58.9400

    58.94

    +100%

  • AZN

    -0.4600

    77.47

    -0.59%

  • RYCEF

    0.0000

    6.98

    0%

  • RIO

    -0.1300

    69.7

    -0.19%

  • RELX

    -0.3200

    46.29

    -0.69%

  • GSK

    0.4500

    38.82

    +1.16%

  • BTI

    0.1800

    35.29

    +0.51%

  • CMSC

    -0.0400

    24.7

    -0.16%

  • BCC

    0.6100

    138.9

    +0.44%

  • VOD

    -0.0300

    9.66

    -0.31%

  • CMSD

    -0.0770

    24.813

    -0.31%

  • JRI

    -0.0200

    13.28

    -0.15%

  • BCE

    -0.1300

    33.71

    -0.39%

  • BP

    0.4200

    32.88

    +1.28%

Gentrification fuels ire in iconic Athens neighbourhood
Gentrification fuels ire in iconic Athens neighbourhood / Photo: Louisa GOULIAMAKI - AFP

Gentrification fuels ire in iconic Athens neighbourhood

The historic Athens district of Exarcheia has been a famed anti-establishment haven to some and a hideout for firebomb-wielding anarchists and drug dealers to others.

Text size:

Now two regeneration projects are sparking controversy, protests and fears that a gentrification drive will forever alter the 19th century district's bohemian character.

Construction is underway on a new metro station on Exarcheia Square -- for years iconic as the culmination point of countless demonstrations in the volatile political culture of the Greek capital.

There is also an ongoing makeover of nearby Strefi Hill, a rare, albeit run-down spot of greenery in congested Athens with a panoramic view.

Protesters say the two projects combined will "kill off" Exarcheia's libertarian spirit.

With discontent bubbling under the surface, multi-million-euro investments at stake and demonstrations, locals now complain that Exarcheia has more police guarding its streets than outside parliament or government offices.

City and government officials are taking no chances in a neighbourhood synonymous to most Greeks with far-left unrest.

Under Strefi Hill, motorcycle police watch a group of teenagers shoot hoops at an outdoor basketball court. Others stand guard around the metro construction site.

- 'Political obsession' -

"We have more police than the prime minister's office," quips 66-year-old Thodoris Kokkinakis, a lifelong Exarcheia resident who says he sees around 200 officers in his neighbourhood at any given time of the day.

Residents accuse city officials of neglecting the heavily graffitied Strefi Hill for over two decades. The local playground is gutted, pathways are eroding, fire hydrants are faulty and there is no garbage collection.

Residents have often banded together in the past to clean up garbage, douse fires and discourage drug trading, Kokkinakis told AFP.

"We would repeatedly call the police. They claimed not to know where the hill was... or never turn up," he said.

While the metro station project has been on the drawing board for over a decade, opponents accuse the conservative government of Prime Minister Kyriakos Mitsotakis of weaponising the project as part of its law-and-order agenda.

"The government has a political obsession, a vendetta towards youths living or enjoying themselves in this historic district," wrote Nikos Belavilas, an architecture professor at the National Technical University of Athens, on Facebook.

After police in October beat up a protesting resident in front of his children, Greece's main opposition Syriza party said there was an "explosive mix" of "chronic neglect, unchecked real estate and police barbarity" in Exarcheia.

Yet others welcome the extension of the metro line.

- 'Nihilists' -

"The nearest stations are too far to walk," said a 75-year-old Exarcheia pensioner.

"A lot of people here want the metro" but are reluctant to speak openly, she added, declining to give her name to avoid antagonising neighbours who disagree.

Athens Mayor Kostas Bakoyannis, whose office did not respond to an AFP request for an interview, has dismissed protesters as "a few dozen" wandering "nihilists" in comments to Skai TV last August.

He told the municipal council last month that the regeneration project was aimed at "mums with prams".

Greece is banking hard on tourism to shore up its economy ahead of a tough winter compounded by soaring energy prices.

After slashing most of its coronavirus restrictions, tourism arrivals more than doubled year-on-year in the first eight months of 2022, to over 19 million.

But residents fear Exarcheia may soon follow the fate of Koukaki, another historic Athens district that saw rents skyrocket due to short-term property rentals and holiday lets owing to its proximity to the Acropolis.

A study by the Greek realtor group Remax last month showed Exarcheia rents rising on average 18 percent since last year.

- Rent hikes -

"The shop next door had to shut down after the landlord hiked the rent from 600 to 900 euros," says Angelos, a bookstore owner a short distance from Exarcheia Square.

Critics also view with suspicion the awarding, without tender, of the Strefi works to a major Greek real estate investment company.

Athens' mayor -- a nephew of Mitsotakis -- has also drawn fire and comparisons to France's 16th and 17th century spendthrift King Louis XIV over an ambitious pedestrianisation project.

A key part of the 50-million-euro ($49 million) Great Walk project, sold as "Europe's loveliest promenade", involved sealing off a lane on one of Athens' busiest avenues with large palm trees, flower planters and benches.

The mayor has promoted the project, which began in 2020, as necessary to modernise and revitalise downtown Athens. "Fewer cars, more greenery, less noise, more pedestrians and cyclists," he told Kathimerini newspaper last month.

But a year into the four-year project, a survey found in 2021 that over 85 percent of residents and local business owners were dissatisfied with the initiative.

Much of the criticism has been levelled at the cost. According to a municipal budget sheet published at the time, some six-metre palm trees cost 3,200 euros each and the largest planters a hefty 5,000 euros.

(P.Werner--BBZ)