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The Skouries Mine, Photo Source: Eldorado Gold
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Eldorado’s Greece Mining Project Gets Pending Permits at 11th Hour

Greece said it would grant pending permits for Eldorado Gold's "Olympias" project, after the mining company said it would halt the investment.
Posted On 14 Sep 2017
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Fraport: Airport Upgrade Projects in Greece Proceeding as Scheduled

Transport company Fraport has informed that infrastructure upgrades at the 14 Greek airports it manages will begin this autumn.
Posted On 13 Sep 2017
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Greek Travel Startup ‘Welcome Pickups’ Clinches Funding, Ready for Expansion

Greek travel startup Welcome Pickups has clinched seed funding of 1.65 million euros to be used to expand services and boost its network of destinations.
Posted On 13 Sep 2017
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Greek Growth Rate Below Par, Eldorado Suspends Investment

Greece’s growth rate was lower than expected, up by 0.8 percent in the second quarter of 2017 from 0.4 percent in the previous quarter, the Hellenic Federation of Enterprises (SEV) said. 
Posted On 12 Sep 2017
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Greece’s Alpha Bank Sees Trend for Growth in 2017

The Greek economy is on a gradual path to recovery as economic indicators demonstrate an overall trend for growth, according to Alpha Bank.
Posted On 11 Sep 2017
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Italy’s FS Takes Over Trainose Railway Officially on Sept. 14

The deal between Greek train operator Trainose and Italian railway group Ferrovie dello Stato (FS) Italiane will be finalized on September 14 on Corfu.
Posted On 11 Sep 2017
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NBG: Tourism Helps Propel Greece’s GDP into Positive Territory

Greece’s robust tourism sector is expected to boost the country’s GDP by 1.6 percentage points in 2017, according to the National Bank of Greece (NBG).
Posted On 06 Sep 2017
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Moore Stephens: Cyber Security, Geopolitics, Costs Main Risks to Shipping

Cyber security, geopolitics and operating costs are among the greatest risks to the shipping sector, according to business advisors Moore Stephens.
Posted On 04 Sep 2017
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Open Sign Store
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Ministry to Launch 10 Funding Programs for SMEs in Tourism and More

In the upcoming period the Greek economy ministry will launch ten EU funding programs totalling 600 million euros for the support of new business ventures.
Posted On 31 Aug 2017
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Greek Merchant Fleet Stronger in June

Greece’s shipping fleet, among the world's strongest, grew by 0.9 percent in June 2017, according to the Hellenic Statistical Authority.
Posted On 31 Aug 2017
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Greek Deposit Inflows Slowly Picking Up Pace

Private sector deposits at Greek banks picked up pace in the summer months on back of improved tourism figures and following the third bailout deal.
Posted On 28 Aug 2017
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Greece to Present Advantages of Golden Visa Program to Chinese Investors

Executives of the Hellenic Capital Market Commission and the Athens Stock Exchange will visit Beijing to present the advantages of the golden visa program to Chinese investors.
Posted On 24 Aug 2017
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Commission: EU on Path to Recovery 10 Years After Crisis, Greece Still Getting Aid

Ten years after the start of the crisis, Greece is the only EU member state out of eight still receiving financial assistance, the European Commission said.
Posted On 22 Aug 2017
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Five-star Tax Dodgers Uncovered by Greek Revenue Inspectors

Greek tax inspectors recently proceeded with checks to over 700 accommodation facilities, including five-star hotels and rooms to let, throughout Greece.
Posted On 17 Aug 2017
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Product Price Hikes Across 32 Greek Isles as of Jan. 1

Products and services on 32 islands in the Dodecanese and North Aegean Region will go up as of January 1, 2018, due to new VAT rates.
Posted On 11 Aug 2017
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Greeks Invest $2.93bn in Second-hand Ships in 7-month Period

Over the first 7 months of 2017, Greek shipowners invested $2.93 billion on 175 second-hand ships, compared to 153 worth $1.95 billion in 2016.
Posted On 09 Aug 2017
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Greece Still Slow to Attract Tourism Investment

Investors seeking to place their money on tourism projects in Greece are becoming all the more reluctant due to time consuming procedures.
Posted On 07 Aug 2017
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Greece Hotels Under Public Revenue Authority Scrutiny

Greece's independent Authority for Public Revenue said it would begin inspections of hotel businesses across the country in efforts to curb tax evasion.
Posted On 28 Jul 2017
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Greece Hospitality Tax to Hamper Small Hotel Upgrades

A new accommodation tax set to take effect next year is expected to put a damper on plans by smaller hotel units to renovate or upgrade.
Posted On 28 Jul 2017
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Potential for Alexandroupolis Port, Tender in the Fall

A tender for the management of Alexandroupolis port in northeastern Greece, is set to be launched in the fall, the port authority announced this week.
Posted On 27 Jul 2017
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