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Athens, Piraeus to Welcome 25 New Trams

Twenty-five new tram cars are expected to operate in Athens and Piraeus in two years time with plans to extend the network even further, according to Attiko Metro SA.
Posted On 04 Oct 2018
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PayPal: Travel Products Top Sales Item of Greek E-shops

Travel services are the top selling products of Greek e-shops, according to the PayPal Cross-Border Consumer Research Report 2018 carried out by Ipsos.
Posted On 01 Oct 2018
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Greece Lifts Cash Withdrawal Restrictions

Bank account holders in Greece are now free to withdraw any amount of cash from ATM machines and banks, following a Finance Ministry announcement.
Posted On 28 Sep 2018
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Photo: GTP
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Seven-month Tourism Receipts Going Strong for Greece

Greek tourism receipts increased in the first seven months of 2018 to 8.23 ​​billion euros, posting a double-digit rise in July compared to the same month last year.
Posted On 20 Sep 2018
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Navigator’s ‘Shipping Decision Makers Weekend’ Set for Action on Chios

This year’s Navigator – The Shipping Decision Makers Weekend will take place on Chios, during September 21-23, as a tribute to the north Aegean island’s shipping legacy.
Posted On 20 Sep 2018
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Greek Economy Ministry Triples Funding for SMEs in Tourism

Greek small and medium-sized enterprises (SMEs) active in tourism will be able to tap into additional subsidies after the economy ministry announced that it was increasing funding.
Posted On 17 Sep 2018
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Russian Tycoon Ready to Put Private Isle Skorpios to ‘Good Use’

Russian billionaire Dmitry Rybolovlev is ready to set a 185-billion-euro VIP tourism project into motion on the Greek islet of Skorpios.
Posted On 17 Sep 2018
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Greek Property Market on Slow but Steady Upward Path

Greece’s housing market is gradually improving, holding the 48th spot among 57 global markets on residential and commercial property consultancy Knight Frank’s Global House Price rankings.
Posted On 14 Sep 2018
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New Athens-Thessaloniki Super Train Hits the Tracks

Train operator Trainose recently presented its new high-speed passenger train that is planned to run the Athens-Thessaloniki route in less than four hours.
Posted On 13 Sep 2018
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Athens International Airport. Photo Source: AIA
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Athens Airport Growing Bigger, New Works in Progress

Construction works to expand the main terminal of Athens International Airport (AIA) in view of ever growing numbers of travelers are currently under way.
Posted On 31 Aug 2018
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pixabay
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Investors Eye Five-star Hotels as Greek Hospitality Market Changes

All the more investors are setting their sights on Greece, as tourism flows increase and businesses with non-performing loans need a way out.
Posted On 29 Aug 2018
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Greek Assets Body Aims to Launch Third Port Privatization Phase in Fall

Following the sale of the Thessaloniki Port Authority, Greece's assets body is aiming to launch the third privatization phase of 10 ports across the country in fall.
Posted On 29 Aug 2018
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pixabay
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Greek Banks Charge Foreign Card Users Extra Fee at ATMs

Greeks and foreigners using credit or debit cards issued abroad to withdraw cash from most Greek bank ATM machines, will be charged an extra 2-3 euros.
Posted On 29 Aug 2018
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Greek Ministry Looking to Double Tourism Venture Funding

The economy ministry is set to announce the allocation of 120 million euros for the funding of tourism ventures and plans to double subsidies.
Posted On 28 Aug 2018
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An impression of Hellinikon. Photo Source: https://thehellinikon.com
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Hellinikon Metropolitan Park Plan Open for Public Input

Plans for the development of a metropolitan park and recreation area at Athens’ former airport in Hellinikon, have been opened for public consultation.
Posted On 28 Aug 2018
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Tourism, Exports Boost July Business Expectation Index in Greece

Tourism and exports, together with Greece’s exit from its bailout program, have boosted the business expectations index for July.
Posted On 24 Aug 2018
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Alimos Marina. Photo Source: Greek Marinas Association
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Tourism Minister Paves Way for Development of Alimos, Chios Marinas

Tourism Minister Elena Kountoura is setting the tourist development of the Alimos and Chios marinas into motion after announcing the issue of the relevant presidential decrees.
Posted On 23 Aug 2018
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pixabay
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Greece Tourism Figures Escalate in June 2018

Inbound tourism to Greece marked a 22.3 percent rise in June compared to the same month in 2017, while related revenue grew by 16 percent, according to the Bank of Greece.
Posted On 21 Aug 2018
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Photo Source: @European Commission
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Tsipras: ‘Liberation Day’ for Post-bailout Greece

Greek Prime Minister Alexis Tsipras described August 20, as a day of liberation for Greece, as the country completed its nearly eight-year rescue period.
Posted On 21 Aug 2018
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Greek Shipowners First on Global Sales & Purchases List for H1 2018

Greek shipowners are in the lead in terms of sales and purchases of used ships, with the country’s shipping companies topping Allied Shipbroking’s S&P list for the first half of 2018.
Posted On 21 Aug 2018
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