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Greece Evolving into Tax Free Shopping Destination

Greece is slowly but steadily evolving into a strong tax free shopping destination, according to data for 2018 released by solutions firm Global Blue.
Posted On 10 May 2019
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Greek Tourism Body SETE Calls for Tax Cuts in Transport

The Greek Tourism Confederation (SETE) is calling for reduced taxation on transport, after Prime Minister Alexis Tsipras announced a series of tax relief measures.
Posted On 09 May 2019
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Greek PM Announces VAT Cuts Ahead of May Elections

Greek Prime Minister Alexis Tsipras announced a series of new relief measures to take effect in 2019-2021 including the reduction of value-added tax (VAT) on restaurants and hotel accommodation.
Posted On 08 May 2019
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Greek Tourism Boosting Property Market Growth, Says BoG

A friendlier investment environment supported by fast-track procedures and increasing tourism are set to revive Greece’s real estate market.
Posted On 07 May 2019
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pixabay
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Report: Greece’s Construction Industry Set to Grow by 2022

Greece's construction sector is expected to recover over the 2018-2022 period, with a compound annual growth rate of 4.7 percent from -2.4 percent in 2013-2017.
Posted On 03 May 2019
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Qatar Eyeing Investments in Greece

Attracting foreign investment topped the agenda of Greece's foreign minister, Georgios Katrougalos, who was recently in Qatar, to discuss ways of strengthening ties between the two countries.
Posted On 02 May 2019
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Photo Source: @Prime Minister GR
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Greek PM: Crete’s North Road Axis ‘Vital for Island’s Development’

The completion of Crete's north road axis is vital for the island’s further development, said Greek Prime Minister Alexis Tsipras.
Posted On 02 May 2019
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Photo © bc_harry / Panoramio
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Athenian Riviera Coasts A’ & B’ Set for Overhaul

Voula Coasts A’ and B’, two of Attica’s most popular beaches along the Athenian Riviera, will undergo a major revamp.
Posted On 25 Apr 2019
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Athens, Syntagma square. Photo: Visit Greece / H. Kakarouhas
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Transport, Exports Offset Greece’s Current Account Deficit in February

Greece’s current account deficit in February came to 990 million euros, down by 407 million euros year-on-year, according to the country's central bank.
Posted On 22 Apr 2019
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Athens, Greece. Photo Source: Visit Greece/ Y. Skoulas
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Athens Q1 2019 Hotel Performance on the Downside

Athens hotel occupancy rates dropped by 6.8 percent in the first quarter of the year, with RevPAR down by 6.8 percent, according to the Athens - Attica & Argosaronic Hotel Association.
Posted On 19 Apr 2019
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pixabay
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IOBE: Risk of Economic Slowdown in Greece for 2019

If Greece fails to free up productive forces through structural reforms, there will be a quick return to recession, according to the IOBE think tank.
Posted On 19 Apr 2019
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Alimos marina, Athens. Photo Source: Greek Marinas Association
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Aktor Concessions SA Preferred Bidder for 40-year Alimos Marina Deal

Greek company Aktor Concessions SA has been selected as the preferred bidder for the right to manage the Alimos Marina in southern Athens.
Posted On 17 Apr 2019
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pixabay
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Athens Among World’s Top 15 Maritime Capitals

Athens is among the leading 15 maritime capitals and in the top two shipping centers of the world, according to the "Leading Maritime Capitals of the World" report for 2019.
Posted On 15 Apr 2019
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Greek Modern Monuments Council Approves 3 Hotels for Piraeus Port

Greece’s Central Council for Modern Monuments has given the green light to Piraeus Port's managers to convert the “Pagoda” building into a 5-star hotel.
Posted On 12 Apr 2019
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Photo Source: Piraeus Port Authority (PPA)
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Beijing Diplomats in Athens to Discuss Multi-million-euro Piraeus Port Upgrade Delays

Chinese authorities traveled to Athens to discuss the obstacles - red tape and trade body reactions - involving Cosco's master plan for the upgrade of Piraeus Port.
Posted On 08 Apr 2019
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Photo source: Hellenic Association of Professional Congress Organizers (HAPCO)
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Conference Tourism a Good Bet for Greece

Special interest tourism products such as meetings or conference tourism can contribute to sustaining the Greek tourism sector’s dynamic, says the Bank of Greece.
Posted On 04 Apr 2019
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Photo source: Piraeus Port Authority
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Piraeus Port Master Plan Runs into More Obstacles

A 600-million-euro investment for the expansion of Piraeus Port is up in the air after a decision by the Central Archaeological Council.
Posted On 03 Apr 2019
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pixabay
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Greek Central Bank Chief Says Tourism, Exports Driving Growth

A rise in exports of goods and services and excellent tourism performance, contributed to Greece's economic growth in 2018, according to Bank of Greece governor Yannis Stournaras.
Posted On 02 Apr 2019
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Ministry Revises Small Business Law for Wider Funding Options

The Greek Economy Ministry will revise a law covering funding options for very small and small businesses, offering incentives aimed to boost the real economy.
Posted On 29 Mar 2019
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pixabay
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RE/MAX: Greek Property Market Diversifies in 2018

An investor-friendly environment combined with a steady taxation framework are expected to set the pace of Greece’s property market in the upcoming period.
Posted On 22 Mar 2019
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