A bill to be voted on in Greek parliament is set to impose a 15-45 percent tax on annual income, earned from the short-term lease of property for tourism purposes.
A total of 48 million euros is estimated to go into Greek state coffers in 2018 according to a document released, revealing a set of 140 EU requirements Greece must implement.
The Greek economy will grow by up to 1.5 percent in 2017, below January forecasts, as the lingering bailout negotiation process continues to fuel uncertainty.
Two investors - an Abu Dhabi-based entity and a Greek group - have expressed interest in the island of Fleves in the Saronic Gulf, off Vouliagmeni Bay.
A bill set to regulate an ever-growing shadow economy in Greece, resulting from short-term rentals of residential properties, was tabled in parliament.
A bill expected - once passed into law - to regulate an ever-growing shadow economy in Greece, is set to be tabled in parliament in the upcoming period.
The Greek government’s new development bill, which foresees deductions and exemptions, leasing and interest subsidies, and a 12-year fixed tax framework, was tabled in Parliament on Tuesday, with deliberation set to begin Friday.
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)...
Greece and the International Monetary Fund (IMF) have decided to cancel the current memorandum in order to avoid the payment of administrative charges associated with the program.
Aiming to stimulate tourism initiatives, the Greek government’s new development law paves the way for the creation, expansion and upgrade of three star-plus hotel units as well as the re-operation of accommodation facilities that have been out of business.
Despite several changes announced last week to the capital controls which were implemented in July 2015 amid Greek political havoc and eurozone uncertainty, bank officials say the restrictions to our personal deposits will be with us most likely until the end of 2016.
International Nobel laureates are calling on European and US authorities to step in and take hands-on initiatives, such as releasing funds for research and education, which will contribute to Greece’s recovery and return to development.
The European Investment Bank (EIB) is serious about getting down to business in Greece, and is currently in the process of renovating its central Athens headquarters and appointing a task force that will focus on investments in efforts to support sustainable economic recovery and...
Aiming to promote and strengthen the German-Greek friendship, the German-Greek Cultural Association is inviting Greek filmmakers to take part in the HELLAS FILMBOX BERLIN festival which will take place in January 2016.
Two days after an agreement paving the way for a new support program for Greece, the European Commission revealed plans on Wednesday to help the country maximise its use of EU funds.
The numbers of late bookings to Greece are bouncing back, slowly but steadily, the general manager of the Greek Tourism Confederation (SETE), Alexandros Lamnidis, said in an interview to CNBC.
Greek tourism may be facing challenges these days, but is showing exceptional resilience, the Greek National Tourism Organization (GNTO) said in a statement on Friday.
