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Greek Finance Minister Eases Capital Controls

Individuals wishing to open a new bank account can now do so after a decision by Greek Finance Minister Euclid Tsakalotos to further ease capital controls.

Greece’s Economic Chamber Says Reduced Island Tax Status an EU Provision

The Economic Chamber of Greece is calling on the government to retain the special tax status applicable on Greek islands.

EU Funds for Tourism at €120m, Applications Open in December 

A total of 120m euros has been earmarked for the establishment of new and the completion of incomplete tourism enterprises, while applications open in December.

One Prerequisite Down Nine to Go for Hellinikon Project to Move Ahead

Of the 10 conditions for the Hellinikon project to move ahead only one has been met, while investors say it will take a decade to clear outstanding issues.

Greek Gov’t Seeking Way to Put Island VAT Hike on Hold

Α decision to eliminate a special tax status on the Greek isles may be postponed, as the government looks into ways to ease the tax load on its citizens.

Greece Preparing E-platform for Short-term Accommodation Rentals

Airbnb-style hosts in Greece will be required to register their properties on e-platform to take effect in immediate future or face steep fines.

IATA, ACI Launch NEXTT Ahead of Rising Travel Demand

The new "NEXTT" initiative aims to enhance the on-ground transport experience, guide industry investments and help improve regulatory framework.

New Security Checks for All US-bound Travelers Take Effect

American and foreign nationals flying into the US will now have to face enhanced security controls and questioning at airports.

Greece’s Public Revenue Authority to Decide on Short-Term Rentals

Greece's Independent Authority for Public Revenue is to decide on a series of details with regard to a December 2016 law regulating short-term rentals.

Kountoura Highlights Greece’s Tourism Strategy, Announces New Actions

The Tourism Ministry is aiming for Greece to be established as a leading destination that offers authentic tourism experiences 365 days a year.

InSETE: Greek Spatial Planning Strategies for Tourism Lagging

Spatial planning and regulatory strategies risk being ineffective, inexecutable or obsolete due to constant delays in the approval process, InSETE reveals.

Controversial ‘Stayover Tax’ Expected to Impact Greek Hotel Sector, Economy

Greece's economy and hotel sector are expected to see losses when the so-called "stayover tax" comes into effect in 2018, says a Grant Thornton study.

Boat Ban to Top Turkish Transport Minister’s Agenda in Athens

Turkey’s Transport Minister Ahmet Arslan will arrive in Athens to discuss the decision to ban all Turkish-flagged yachts from travelling to Greece.

US-Turkey Ties in Jeopardy Amid Diplomatic Spat, Tourism on Hold

The United States and Turkey are playing power games as both countries have suspended visa services, amid a volatile period in view of growing terrorism threats.

Turkey Hopes Transport Minister’s Athens Visit to Resolve Boat Ban Issue

Turkey expressed its wish to lift a ban on Greece-bound yachts and ferries when the country’s transport minister, Ahmet Arslan, visits Greece this month.

Public Revenue Authority Launches More Probes into Greek Hotels

In efforts to curb tax evasion, Greece’s Independent Authority for Public Revenue (AADE) said it was reinforcing inspections at hotel businesses across the country.

Greece Moves Up US Agenda, Tsipras to Meet Trump in Washington

Regional security, terrorism and the issue of the Souda base on Crete, will be discussed on October 17 during a meeting of Greek PM Alexis Tsipras and US President Donald Trump.

Turkey Bans Greece-bound Sailing

Turkey’s transport ministry said it was banning travel to Greece on yachts, sailboats and ferries after Greek authorities seized 11 vessels for violating maritime regulation.

European Parliament Seeks Strategy to Enhance Tourism Competitiveness

European Parliament President Antonio Tajani called for the closer cooperation of Member States for Europe to receive more than 1 billion tourists by 2025.

EU-Canada Trade Agreement Enters into Force

The Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada entered into force provisionally on September 21.