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A new airport for Heraklion, located 39 km (24 mi) to the south-east of the city at Kasteli, is under construction and due to open by 2027. [3] Once completed, the new Kasteli International Airport will replace the current Heraklion International Airport as the hub for central Crete, but also providing international links for all of Crete.
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[14] [15] Strain on its facilities, along with the airport's proximity 5 km (3.1 mi) east of central Heraklion restricts expansion options of the existing airport. In 2016, the Greek government officially tendered the construction of a relocated Heraklion airport adjacent to Kastelli Air Force Base to address the capacity and expansion issues. [16]
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The national average for five-year online bank CD rates hit 1.23% in April 2022 compared to 0.65% in 2021. But before you rush to buy a CD, keep this in mind: Interest rates will likely be higher ...