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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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Works Begin on Piraeus Port’s New Cruise Terminal

Greece’s largest port, Piraeus, will be able to handle larger cruise ships and establish itself as a home port once construction works on a new terminal are completed.
Posted On 26 Feb 2020
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Photo Source: Thessaloniki Port Authority
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Thessaloniki’s Pier VI Extension Project Attracts Seven Suitors

A project for the extension of Thessaloniki’s sixth pier has attracted the interest of seven companies/consortia from Greece and other European countries.
Posted On 25 Feb 2020
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Greece to Seek Architects for Thessaloniki Expo Center Facelift

Greece will launch an international architecture competition for the overhaul of the Thessaloniki International Exhibition Center (Helexpo) in April.
Posted On 21 Feb 2020
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Vernicos Yachts Marks 45 Years with Call for Marine Tourism Development

Vernicos Yachts recently celebrated 45 years of activity with the company's president, George Vernicos, calling for actions that must be taken for Greece to maintain its leading role in marine tourism.
Posted On 18 Feb 2020
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Crete to Get New Airport: Works at Kastelli Begin

Kastelli Airport in Heraklion, Crete, is expected to become Greece’s second biggest, handling more than eight million passengers per year.
Posted On 11 Feb 2020
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Chios Marina Gets Green Light, Ready for Overhaul

An upgraded and modernized marina is set to operate on Chios after the finalization of a concession agreement awarded to Marina Chios SA.
Posted On 07 Feb 2020
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Holiday Home Demand Boosts Greek Property Market at Lesser-Known Destinations

Greece’s property market is showing signs of a strong comeback with all the more foreign buyers seeking holiday homes in lesser-known destinations.
Posted On 06 Feb 2020
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IOBE Think Tank Sees 2.2-2.5% Growth for Greece in 2020

Investments, export activity and privatizations are set to stimulate growth for the Greek economy by 2.2-2.5 percent this year, according to the IOBE think tank.
Posted On 06 Feb 2020
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Greece – France Strengthen Economic Ties

Greece and France have agreed to strengthen cooperation to focus on investments and projects that will contribute to the transition to the green economy.
Posted On 29 Jan 2020
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EIB Pledges Fresh Funding for Priority Projects in Greece

Priority projects in Greece focusing on energy, climate change, competitiveness and innovation will now have access to fresh European Investment Bank (EIB) support.
Posted On 24 Jan 2020
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Greece Casino: Hard Rock Not Going Down without a Fight

Hard Rock International believes it was wrongly excluded from Greece's bidding process for the operation of a casino resort in Hellinikon and announced that it will take the necessary actions.
Posted On 23 Jan 2020
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Greek Shipping Ministry Approves Routes for Two Ferry Operators

The Greek Shipping Ministry has given the green light to two coastal ferry companies to operate certain routes to the Greek islands.
Posted On 21 Jan 2020
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Greek Tourism Enterprises Among Top Tax Evaders in 2019

Tourism-related businesses and taxi services were among the top tax evaders in Greece in 2019, according to data published by AADE.
Posted On 15 Jan 2020
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