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Travel & Tourism industry news by Greek Travel Pages (gtp)

Athens Moves Up As Good Property Purchase Choice

Property in the Greek capital is evolving into an attractive investment option with buyers seeing prospects for higher value and rents next year, a PwC report reveals.

Athens Properties Eyed by Living Concepts Firm ‘Zoia’

Cyprus-based advanced living concepts firm Zoia is investing in Greek properties with a focus on Athens, aiming to tap into a growing rental market.

SETE: Greek Tourism Must Adapt to New Trends

Greek tourism needs to change and adapt to the new international trends, according to Greek Tourism Confederation (SETE) President Yiannis Retsos.

Greece Fails to Keep Startup Generation at Home

Greece is failing to win over investors planning to launch startups, with 39 percent seeking a “friendlier” eco-system elsewhere, according to the Startup Heatmap Report 2019.

A Year After Bailout Exit, Commission Says Greece Making Progress

The European Commission issued a statement, marking the one-year anniversary of Greece’s exit from a nearly eight-year-long aid program.

Greek Island Holiday Home Market on the Upswing

Prices for holiday homes on the Greek islands are picking up with Mykonos, Santorini, Aegina, Tinos, Skopelos, Ithaki and Kythnos as top choices. 

Greek Property Market on Road to Recovery

Greece’s property market is showing signs of recovery with prices rising by 4 percent in the first three months of 2019, according to the Bank of Greece.

National Bank of Greece – EIB Invest in Green and Urban Infrastructure

The National Bank of Greece and the EIB have launched a new green and urban infrastructure investment scheme in Greece.

Long-term Rental Property Market in Athens Gaining Lost Ground

Athens' rental property market is picking up pace after the economic crisis and the onslaught of short-term rental options, says Eurobank Property Services.

Deloitte Says Technology to Transform Property Market Practices

Evolving technology, faster processing, wider data collection and new business models are set to stimulate the property market, according to Deloitte.

Home Sharing Breathes Life into Underdeveloped Athens Neighborhoods

The growing Airbnb phenomenon in Greece is now penetrating underdeveloped neighborhoods in Athens, breathing life and creating new conditions of safety and business activity.

Greek Authorities Pull in Tax-dodging Airbnb Proprietors

Tax authorities in Greece have reeled in 38 Airbnb owners, who failed to declare some 23,222 euros in earnings from home-sharing practices in 2018.

RE/MAX: Greek Property Market Diversifies in 2018

An investor-friendly environment combined with a steady taxation framework are expected to set the pace of Greece’s property market in the upcoming period.

Small Number of Greece’s Businesses Bearing the Tax Burden, Says Grant Thornton

A mere 10 percent of Greece’s businesses are paying 88 percent of total taxes, according to a study presented by Grant Thornton.

EIB ‘Committed to Unlocking Priority Investment in Greece’

The European Investment Bank (EIB) in 2018 financed a record number of projects in Greece, making it the largest beneficiary of EIB Group financing in Europe.

PwC: Greek Mergers and Acquisitions Increased in 2018

Greek companies attracted a total capital of 5.5 billion euros in 2018, according to a report on “Deals in Greece” published by financial advisor PwC.

Greek Entrepreneurs Less Optimistic, Says Grant Thornton Study

Deteriorating optimism among the country’s entrepreneurs has landed Greece at the bottom of a list of 35 countries in the latest Grant Thornton International Business Report (IBR).

PwC Says CEO Sentiment Downbeat about Global Growth Prospects

According to 30 percent of the world’s business executives, global growth is set to show signs of decline over the next 12 months, a PwC survey reveals.

Greek Real Estate Market Picks Up Pace Driven by Tourism, Golden Visa

Greece’s property market is stabilizing in large part aided by the increase in tourism and home-sharing practices, according to the Bank of Greece.

Handelsblatt: Tourism Leading the Greek Economy out of the Crisis

Tourism in Greece is leading the country's economy out of the crisis, according to leading German-language business newspaper Handelsblatt.