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Delphi Economic Forum II to Focus on Sustainability & Growth

The Delphi Economic Forum II brings academics and scientists to share their "Outlook for Greece and the Region Vision 2020-2030" on March 2-5.
Posted On 22 Feb 2017
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The renewed exterior of Thessaloniki's Makedonia Airport, as presented by Fraport Greece.
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Fraport Greece Holds Info Event Ahead of March 15 Airport Takeover

Fraport Greece is ready to take over management of 14 regional airports on March 15 and held a day event recently in order to present its ambitious plans.
Posted On 15 Feb 2017
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Commission: Greek Economy Showing Signs of Sustained Recovery

The Greek economy is showing signs of sustained recovery, according to the European Commission's Winter 2017 Economic Forecast for Greece.
Posted On 13 Feb 2017
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The Wyndham Grand Athens was one of the 5-star hotels that opened its doors in 2016.
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Greek Hospitality Sector Welcomes 5-star Hotel Boom

Greece’s hospitality industry is seeing all the more 5-star hotels at major destinations across the country, offering visitors high quality services and at the same time attracting higher income travelers.
Posted On 13 Feb 2017
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Hellenic Chamber of Hotels President Yiorgos Tsakiris.
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Greek Hoteliers Discuss Challenges at 6th General Assembly

Greek hoteliers discussed the challenges of the industry during the Hellenic Chamber of Hotels' 6th general assembly on Friday.
Posted On 10 Feb 2017
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New Owner to Take Over Capsis Hotel on Rhodes

The historic luxury Capsis Hotel on Rhodes has now slipped into the ownership of entrepreneur Nikos Koutras for the amount of 30 million euros.
Posted On 10 Feb 2017
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ICAP: Despite Growing Arrivals Greek Hotels Still Struggling

Despite the record number of arrivals to Greece, the country's hotel sector continues to be struggling, according to data of business services group ICAP.
Posted On 06 Feb 2017
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Greece Economy Suffers, Business Creation Down by 50%

Tourism aside, Greece is still unable to restore its ailing economy to health, according to a 50% drop in the number of new companies established in 2016.
Posted On 02 Feb 2017
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Avis Greece Up for Sale, Set to Break All Records in 2017

Avis Greece celebrated its positive performance in 2016 at a special event in central Athens this week, amid media reports of the company’s imminent sale.
Posted On 02 Feb 2017
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Insecurity, Lagging Negotiations Dampening Investment Climate in Greece

The IOBE think tank expects Greece’s investment climate to be affected by the lingering insecurity due to ongoing bailout negotiations.
Posted On 27 Jan 2017
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FS Italiane Now Owns Greek Railway Operator Trainose

Greek train operator Trainose was recently sold to Italian state railway group Ferrovie dello Stato (FS) Italiane for a sum of 45 million euros.
Posted On 19 Jan 2017
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Photo © Maria Theofanopoulou
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Main Greek Court Says Shops to Stay Closed on Sundays

Greece's Council of State has ruled against a 2014 decision by the serving development minister to allow the optional operation of shops across Attica and elsewhere on random Sundays throughout the year.
Posted On 17 Jan 2017
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Lingering Debt Talks Keep Greece Tourism Officials Alert

Greek tourism officials are expressing concerns that constantly stalled bailout negotiations are bound to take a toll on the sector particularly now, the beginning of the summer booking season.
Posted On 16 Jan 2017
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Greek Gov’t Planning Changes to Investor Visa Program

The Greek government is planning changes to the so-called golden visa program extended to foreign nationals investing in property in efforts to make it more attractive.
Posted On 05 Jan 2017
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Greece Tourism Body Expects Record Arrivals in 2017, Spending Key

Tourist arrivals to Greece are expected to increase yet again this year, according to initial forecasts by the Greek Tourism Confederation (SETE), adding that the decisive factor will be an increase in spending.
Posted On 05 Jan 2017
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Application Deadline for Tourism, New Media Subsidies Jan. 31

January 31 is the deadline for all interested parties wishing to gain access to subsidies under the new development law estimated by the end of 2020 to distribute some 4.2-4.3 billion euros.
Posted On 04 Jan 2017
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EU Bank Launches Credit Line for Agriculture, Tourism, Manufacturing in Greece

The European Investment Bank (EIB) announced on Thursday the launch of a 1 billion euro "Loans for SMEs and MidCaps" credit line to Greek banks.
Posted On 22 Dec 2016
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More EU Funds to be Made Available for Greek SMEs

The European Investment Fund (EIF) and the Greek economy ministry signed a funding deal to establish a 260 million euro risk capital Fund-of-Funds which will facilitate access to finance for entrepreneurs by unlocking the equity potential in the Greek market.
Posted On 22 Dec 2016
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Greek Shipowners Boosting Fleet, Reinforcing Global Presence

Crisis aside, Greek shipowners are becoming even stronger global players says international financial services company Petrofin Research.
Posted On 19 Dec 2016
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ICAP: Greek Tourism Sector Going Strong

Greece’s tourism sector is continuing to grow despite the ongoing economic crisis, according data released by Athens-based market research firm ICAP this week.
Posted On 15 Dec 2016
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