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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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One in 10 New Hotels in Greece a Five-Star

Hospitality and accommodation in Greece is becoming better than ever with one in five new hotels offering five-star services.
Posted On 25 Jul 2017
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Atalanti Hills Tourism Project Gets Long-awaited Ministry Approval 

A stalled 1.3-billion-euro investment by Lokros Real Estate in the Atalanti area has received the approval of the tourism and environment ministries.
Posted On 24 Jul 2017
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Which Greek Tourism Businesses are Eligible for Subsidies

Investors seeking to launch tourism businesses can benefit from subsidies of up to 200,000 euros, as part of a a new NSRF program.
Posted On 06 Jul 2017
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Greek Shipowners Union Chief Calls on EU to Support Sector with Policies

Ιt is vital that Greek shipping remains internationally competitive, Union of Greek Shipowners (UGS) President Theodore Veniamis said.
Posted On 04 Jul 2017
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Folli Follie Group Turns to Tourism for New Lifeline

Athens based Folli Follie Group aims to tap into the ever growing tourist flows to Greece as part of its expansion strategy.
Posted On 03 Jul 2017
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Thessaloniki Port Authority Management Has Big Plans

Transforming Thessaloniki port into a gateway to the Balkans is the priority of a consortium of three companies, which have stepped in as the port’s new managers.
Posted On 28 Jun 2017
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Economy Minister: Greece to See Signs of Growth, More Investments in 2017

The Greek economy will mark the first signs of growth this year and see an increase in investments, according to Economy and Development Minister Dimitris Papadimitriou.
Posted On 26 Jun 2017
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IOBE: Thessaloniki Port Privatization to Bring in €1.6bn in Next Decade

The privatization of the Thessaloniki Port Authority is expected to contribute to GDP growth in Greece by up to 1.6 billion euros by 2026, IOBE think-tank says.
Posted On 22 Jun 2017
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