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Greek FinMin May Slap Short-term Rentals with 5% Tax

In efforts to tackle illegitimate home rentals, stem the practice which appears to be taking a bite out of the accommodation business and bring in much-needed cash to state coffers, the Greek finance ministry is considering taxing short-term leases by 5 percent.

Greek Gov’t Reshuffle Reinstates Tourism Ministry

The Tourism Ministry in Greece has been upgraded into an independent entity following a government reshuffle on Friday, November 4.
Posted On 05 Nov 2016

Greece’s Tourism Ministry to Get Upgrade

The tourism ministry in Greece is set to be upgraded into an independent entity following two Presidential Decrees signed by Prime Minister Alexis Tsipras recently believed to be paving the way for an upcoming government reshuffle.
Posted On 02 Nov 2016

EU, Canada Agree on Free Trade, Sign Deal

A free trade deal between the EU and Canada set to create jobs and boost growth was inked on Sunday. Known as CETA, the Comprehensive Economic and Trade Agreement, paves the way for the majority of import duties to be removed early next year.
Posted On 31 Oct 2016

SEV Report Says Tax Evasion Behind Tourism Figure Variations

The recent discrepancies in foreign travel receipts between the Bank of Greece and the Tourism Ministry are in great part due to tax evasion and reflect the impact of tax policies, according to the Hellenic Federation of Enterprises (SEV).
Posted On 27 Oct 2016

Taxman Knockin’ on Greek Hoteliers’ Door

Hoteliers across Greece as well as property owners active in short-term rentals are being crosschecked by the Greek tax authorities in efforts to clamp down on rampant tax evasion.
Posted On 27 Oct 2016

KEPE: Six Ways to Leave Capital Controls Behind Us

If Greece wants to regain investor confidence, which will in turn attract investment and thus lead to economic recovery, capital controls must become a thing of the past, the Center of Planning and Economic Research (KEPE) said in a report.
Posted On 25 Oct 2016

European Commission Chief Spokesperson Lauds Greek Tourism

Referring to the prospects of Greek tourism on Monday, the European Commission's chief spokesperson, Margaritis Schinas, noted that in 2026 the contribution of tourism to the country's GDP will exceed 22 percent, while 28 percent of the total workforce will be employed in the...
Posted On 19 Oct 2016

Tziallas Touches on Greece Tourism Season Extension, Entrepreneurship Support

Greek Secretary General for Tourism Policy and Development, Yiorgos Tziallas, recently informed sector professionals on the ministry's plans to extend the tourism season and support entrepreneurship.
Posted On 19 Oct 2016

Greek Police Launch E-Station, Simplify Procedures

In efforts to cut red tape and simplify procedures the Greek Police launched its new e-station operation last week offering 31 services online in four languages.

Greeks Renting Out Homes Short-term the Latest Fad

All the more cash-strapped Greeks are renting out their properties to tourists in efforts to make ends meet while taking advantage of a vague legal framework, according to a survey by Danos Real Estate, Consulting & Valuation.
Posted On 17 Oct 2016

Attica Hotel Employees Up in Arms Over Insurance Cuts

Α meeting between Attica’s hotel and tourism employees and Alternate Tourism Minister Elena Kountoura on Wednesday ended in a deadlock after the unionists demanded the government scrap a decision which will cut into their insurance savings, they said.

Greek Parliament Passes New Civil Aviation Authority Bill

The Greek Parliament on Thursday approved a draft bill that brings changes to the Hellenic Civil Aviation Authority.
Posted On 06 Oct 2016

Greece Irked Over Turkey’s Latest Tactics

Relations between Greece and Turkey are once again on the brink after Turkish President Tayyip Erdogan “remembered" on Thursday to bring the 1923 Treaty of Lausanne into question saying that in effect the peace deal signed almost a century ago “gave away” islands to Greece.

United Front Against Migrant Crisis or Face Consequences, Greek PM Warns UNGA

The refugee crisis is a problem that affects every nation and as such should be dealt with in a coordinated and united matter, Greek Prime Minister Alexis Tsipras told the 71st United Nations General Assembly on Monday.

Kountoura Scraps Obsolete Regime, Paves Way for Tourism Facility Upgrade in Greece

Greek Alternate Tourism Minister Elena Kountoura has decided to do away with an outdated decree, known as PETA, in order to simplify procedures for the renovation, re-operation and upgrade of tourist accommodation facilities in rural areas.
Posted On 16 Sep 2016

Greece: Creating New Wealth and its Fairer Distribution Top Tsipras’ Agenda

Creating new wealth and ensuring a fairer distribution of revenues through innovation, research and competitiveness were the goals set by Greek Prime Minister Alexis Tsipras during his keynote address at the 81st Thessaloniki International Fair (TIF).
Posted On 12 Sep 2016

Kountoura: Greek Tourism on Track Despite Challenges

Despite this year's challenges due to geopolitical developments and unpleasant events in Europe and neighboring countries, Greece's tourist numbers are showing a positive trend, according to Alternate Tourism Minister Elena Kountoura.
Posted On 12 Sep 2016

Athens Declaration of the 1st Mediterranean EU Countries’ Summit

The Heads of State and Government of the Republic of Cyprus, France, Greece, Italy, Malta, Portugal and Spain on September 9 signed a joint declaration with a focus on addressing the common challenges the EU Member States are facing.
Posted On 09 Sep 2016

EUMed Summit ‘Athens 2016’ to Focus on Economic Policy, Security, Migration

Economic policy, security and migration will top the agenda of the Mediterranean EU Countries' Summit "Athens 2016" that will take place on Friday, September 9, at the Zappeio Hall in the Greek capital.
Posted On 08 Sep 2016