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Greek Tourism Arrivals and Revenue Plummet Due to Covid-19

Due to the Covid-19 crisis, Greece in June saw a 93.8% drop in inbound travelers and a 97.5% decline in revenue, compared to the same month in 2019.
Posted On 21 Aug 2020
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Athens Historic Center Shops Can Open on Sundays in 2021

As of November 2021, shop owners with businesses in the historic center of Athens will have the option to remain open on Sundays, according to a Greek government decision.
Posted On 19 Aug 2020
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Photo source: European Parliament / © Antic/AdobeStock
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Report: Greek SMEs Feel the Covid-19 Effect

The outbreak of Covid-19 has impacted Greece’s small and medium-sized businesses (SMEs) as much as the economic crisis in 2009, says the National Bank of Greece.
Posted On 06 Aug 2020
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Greece Tables 14-point Growth Plan for Consultation

The Greek government has tabled a 14-point interim growth plan for public consultation, with recommendations on the overhaul of the country's pension system.
Posted On 04 Aug 2020
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Piraeus’ Landmark Tower to Get New Lease on Life

An abandoned tower in the heart of Piraeus will get a new lease on life after the Piraeus Municipality signed a concession deal for its redevelopment.
Posted On 07 Jul 2020
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Works at Hellinikon Kick Off as ‘Symbol of Growth & New Jobs’

Works on one of the largest projects in Greece, the Hellinikon mega complex, kicked off on Friday after years of delays.
Posted On 03 Jul 2020
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Greek Shop Owners in Tourist Areas Need Business Boost, Says Traders Body

Greek shop owners, operating businesses in tourist areas, are calling on the government to introduce financial support measures in the post-Covid-19 era.
Posted On 15 Jun 2020
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Next Debt Relief Package for Greece Gets Green Light

European finance ministers have approved a next tranche of debt relief measures for Greece worth 748 million euros.
Posted On 12 Jun 2020
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Commission Approves Release of Next Debt Relief Tranche for Greece

The European Commission has approved the release of a new tranche of debt relief measures agreed to as part of Greece’s post-bailout program.
Posted On 20 May 2020
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Aktor Concessions SA Inks 40-year Alimos Marina Deal

Greek company Aktor Concessions SA has finalized a deal to manage and exploit the Alimos Marina in southern Athens.
Posted On 13 May 2020
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Greece Allocates €33.7m to Coastal Shipping, Island Entrepreneurship

The Greek Shipping Ministry will allocate 33.7 million euros to support island entrepreneurship and coastal shipping in the aftermath of the Covid-19 pandemic.
Posted On 27 Apr 2020
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Economist Sees Considerable Coronavirus Toll on Greek Tourism

The Covid-19 pandemic is expected to impact Greece’s tourism sector more than in any other Eurozone country, according to The Economist.
Posted On 13 Apr 2020
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Leros Island. Photo source: Pixabay
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Greek Islands Want Return to Lower VAT Rates in View of Covid-19 Damage

South Aegean island authorities are calling on the Greek government to reinstate previously reduced VAT rates in order to mitigate the adverse economic effects of the Covid-19 pandemic.
Posted On 10 Apr 2020
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OECD Forecasts Post-Covid Slowdown of the Greek Economy

The Greek economy is expected to suffer a blow once the Covid-19 pandemic subsides, due to its heavy reliance on tourism, according to the OECD.
Posted On 06 Apr 2020
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Covid-19: Greece Boosts Support Actions for Businesses and Workers

Greece has announced support measures for 800,000 businesses and 1.7 million private-sector employees, affected by the COVID-19 pandemic.
Posted On 30 Mar 2020
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AmCham Study Reveals Covid-19 Impact on Greek Businesses

Travel disruptions, insecurity and the inability to make business decisions, are the main problems Greek businesses are facing due to Covid-19, the American-Hellenic Chamber of Commerce (AmCham) says.
Posted On 30 Mar 2020
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Athens, Syntagma square. Photo: Visit Greece / H. Kakarouhas
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Poll: Coronavirus Repercussions on Economy Worry Greeks

The majority of Greeks expect the repercussions of the coronavirus pandemic to negatively impact business activity in Greece.
Posted On 26 Mar 2020
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Hellinikon Project One Step Closer to Materialization

The Hellinikon project, to go up at Athens’ former airport, is moving one step closer to becoming a reality after Greece’s Central Archaeological Council approved the demolition of 900 buildings on the premises.
Posted On 26 Mar 2020
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Greece’s Seasonal Tourism Staff to Receive Support in View of Covid-19

The unemployment benefits of the seasonal workers in Greece's tourism sector will be extended due to the coronavirus outbreak.
Posted On 20 Mar 2020
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Report: Greece 2020 Tourism Resilient but Still Faced with Coronavirus and Refugee Crisis

Entering the third month of 2020 and a key pre-booking period for the summer ahead, Greece is faced with the refugee crisis and the coronavirus outbreak.
Posted On 03 Mar 2020
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