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Crete’s Kastelli Airport Tender Extended to June 27

The bidding process for the financing, construction and operation of the new Kastelli airport project in Heraklion, Crete, has been extended until June 27, Infrastructure Minister Christos Spirtzis said, adding that six parties have thus far expressed interest.
Posted On 18 May 2016

SETE Says New Greek Incentives Law Complex, Unclear

The new Greek incentives law tabled earlier this month which foresees deductions and exemptions, leasing and interest subsidies, and a 12-year fixed tax framework, must be simple with clear guidelines and deadlines for potential investors, the Greek Tourism Confederation (SETE)...
Posted On 18 May 2016

Culture Ministry wants to get Greece in the Movies

Greek Culture Minister Aristides Baltas said that one of the main priorities of his ministry is to establish a Film Commission to attract and support foreign movie productions in Greece.
Posted On 18 May 2016

Corfu Hoteliers Event Explores Challenges to Hospitality Sector

The challenges of the hospitality sector took center stage during a meeting of the Corfu Hotels Association on Tuesday, which also revealed the findings of a recent Institute for Tourism Research and Forecasts (ITEP) report for the Ionian Islands.
Posted On 18 May 2016

Handful of Greek Isles Up for Grabs

Greece seems to be selling off dozens of its islands, according to a Business Insider report this week which checked into a real estate website and found properties in the Aegean and Ionian going for as little as 3 million euros.
Posted On 18 May 2016

Porto Carras Welcomes the Summer with 3rd Half Marathon Event

A unique athletic experience will await all at the 3rd Porto Carras Half Marathon powered by Xterra on May 28-29 in Halkidiki, northern Greece.
Posted On 18 May 2016

Qatar Airways Raises Stake in IAG to 15%

Qatar Airways has raised its stake in International Airlines Group (IAG), owner of British Airways, to 15.01 percent.
Posted On 18 May 2016

Minoan Lines Sees Upturn in Q1 Net Profit

Greek ferry operator Minoan Lines recorded a 4 percent increase in net profit in the first quarter of 2016, a 68.3 percent rise compared to the same period in 2015.
Posted On 18 May 2016

IGLTA, European Travel Commission Join Forces to Boost LGBT Tourism in Europe

The International Gay & Lesbian Travel Association (IGLTA) has announced its organizational partnership with the European Travel Commission (ETC) in an aim to strengthen LGBT tourism in Europe.
Posted On 18 May 2016