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Experts to Share Outlook for Greece at Delphi Economic Forum

Some of the world's finest academics, scientists and experts will be sharing their "Outlook for Greece and the Region Vision 2020-2030” at this year’s Delphi Economic Forum, which kicked off at the European Cultural Centre of Delphi and runs through to February 28.

Extra ‘Sleep’ Tax Angers Greece Hoteliers

Weeks before the official launch of the summer tourism season, Greece’s hoteliers are furious over a proposed tax on accommodation which comes on top of other levies imposed last year.

Research Body Says New Tax Measures to Take Toll on Greek Economy

Stringent measures to secure the next installation of Greece’s 86-billion-euro bailout plan are bound to hit the Greek economy even more, the Foundation for Economic and Industrial Research (IOBE) said recently.

SETE Chief Says Overtaxation to Hamper Greek Tourism

The tourism sector, Greece’s strongest foreign currency attractor, is ringing alarm bells that the rise in value added tax to 24 percent - which was agreed on earlier Wednesday - will have a negative impact on incoming tourism for 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.

ICAP: Crisis Takes Toll on Greek Business Activity, Tourism Resilient

The ongoing economic crisis in Greece has led to the decline of business activity in terms of figures and growth, business services group ICAP found in a report released on Wednesday.

Thessaloniki Hoteliers Ring Alarm Bells over Imminent Taxes

Thessaloniki’s hoteliers are sending signals of distress over plans by the government to increase taxes or introduce new levies on areas affecting the hospitality sector, saying this will inevitably lead to unsustainable fiscal burdens.

Greek Gov’t Eyeing New Round of Airport Concessions

The Greek government is examining the possibility of a second round of airport concessions to be undertaken by a new body which will oversee the use and management of state property previously controlled by the finance ministry.

Greece Competitiveness Slumps in IMD 2016 Rankings

Greece’s competitiveness ranking plunged by six spots bringing it in the 56th position among a total of 61 countries, according to the International Institute for Management Development (IMD) yearbook 2016 results released on Monday.

Athens Ledra Hotel Announces Closure

ASTY S.A., the owning company of the central Athens Ledra Hotel, announced the closure of the 314-room establishment, as of Tuesday, May 31.

China, Crete Shake Hands on Tourism, Culture & Trade Exchange

Crete Governor Stavros Arnaoutakis and his Chinese counterpart from the region of Guangxi, Chen Wu, recently signed a treaty of friendship and cooperation.

Greece Country Brand Running Low, Study Says

Days after Prime Minister Alexis Tsipras pledged to double spending on the promotion of Greece abroad, adding that the country brand is its “intangible asset”, a study by Canada’s Carleton University reveals that Greece’s brand name is no longer opening doors to business.

Promoting Greece Top Priority for Fraport Airports Manager

Promoting Greece into a leading destination is at the top of Frankfurt-based transport group Fraport’s agenda after taking over the management of 14 regional airports across the country late last year, said its CEO Stefan Schulte.

UK Votes EU Away, Fears of Domino Effect Linger

Europe appears to be shocked at the decision of UK citizens to leave the EU voting by 51.9 percent for an exit while conservative parties across the 28-member bloc are now calling for referendums in their countries placing European unity at risk.

Piraeus Chamber Wary of Brexit Backlash on Greek Tourism, Trade

The dwindling rate of the British pound and the possibility of imposed customs duties may impact foreign trade between Greece and the UK, leading to a potential loss of some 2.3 billion euros and of 2 billion euros in tourism, the Piraeus Chamber of Commerce and Industry (PPCI)...

Toll of Capital Controls in Greece a Year Later

Capital controls, which were implemented in the summer of 2015 amid Greek political havoc and eurozone uncertainty and restricted access to personal deposits, are still with us a year later.

Greek Tourism, Trade Sector Bodies Call for Turn to E-transactions

Greece’s tourism and trade sector bodies are calling on the government to push for the implementation of electronic transactions in efforts to cut operational costs for both businesses and government and to tackle tax evasion.

Greece-China Shake Hands on Culture, Science, Exports & Tourism

With the sale of a majority stake in the Port of Piraeus to Chinese shipping giant Cosco at the center of talks, Greek Prime Minister Alexis Tsipras sealed on Monday a number of deals with Chinese officials during his five-day visit this week to Beijing and Shanghai, aiming to...

Tourism, Infrastructure Top Greece-China Team Work

Tourism and infrastructure will be at the top of the Greece-China agenda of collaborative efforts, Economy, Infrastructure, Shipping and Tourism Minister Giorgos Stathakis said during a business forum on shipping held in Beijing.

Cosco to Dish Out Extra €500m for Piraeus Investment

Chinese shipping giant Cosco will dish out some 500 million euros over and above the paying price for the port of Piraeus, its managing director, Xu Lirong, said this week during talks with Greek Prime Minister Alexis Tsipras, who is in China on an official five-day visit to...