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Limnos Island. Photo Source: limnosguide.gr
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North Aegean Region Governor Calls for Island Stayover Tax Exemption

The governor of the North Aegean Region, Christiana Kalogirou, is urging the finance ministry to exclude the islands from the newly introduced stayover tax.
Posted On 11 Jan 2018
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Kavala Port. Photo Source: Kavala Port Authority
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Greek Assets Fund Seeking Ways to Put 10 Ports to Good Use

Ten state-owned regional ports across Greece will soon be open to concessionaires wishing to tap into their potential.
Posted On 10 Jan 2018
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Greek Omnibus Bill Revisions Aim to Facilitate Business Activity

In efforts to attract investments to Greece, the economy ministry has made five revisions to an omnibus bill set to be voted on in parliament on January 15.
Posted On 09 Jan 2018
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Stronger Economy in Source Markets to Boost Greece-bound Tourism

Stronger international growth is expected to boost tourism to Greece in the coming year, according to research by the Institute SETE (INSETE).
Posted On 27 Dec 2017
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Kastelorizo ©Haris Vythoulkas/ Shutterstock
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Greek Tourism Sector to Shoulder Tax Burden in 2018

Greece’s tourism sector is set to bear the brunt of the country’s economic recovery according to the economy ministry’s latest set of measures set to take effect in 2018.
Posted On 27 Dec 2017
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Diplomats Say Greece Ready for Investments

Investment opportunities and options are available in Greece, say the ambassadors of the US, France, Germany and Spain that are serving in Athens.
Posted On 22 Dec 2017
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Athens, Greece.
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Deserted Athens Buildings to Get New Lease on Life

The Athens Traders Association is looking to give rundown and abandoned buildings in the center of Athens a new lease on life.
Posted On 22 Dec 2017
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Greece’s Axed Special Island Tax Status Causes Stir

Greek tourism sector professionals are calling for the government to not abolish reduced VAT rates for a number of Greek islands as of January 1, 2018.
Posted On 21 Dec 2017
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EBRD – Greek Real Estate Developer ‘Dimand’ Join Forces to Invest

The European Bank for Reconstruction and Development and real estate developer Dimand will invest in sustainable property models in Greece.
Posted On 20 Dec 2017
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Greek Hotel Investments Set to Go Full Steam Ahead

Eight billion euros worth of hotel investments will be materializing in the coming years in Greece, on the back of soaring tourism arrivals.
Posted On 19 Dec 2017
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Santorini Island
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Alpha Bank: Tourism Driving Force of Greece’s Economy

Tourism is contributing greatly to Greece’s improved economic indicators in the nine-month period to September, Alpha Bank found in its weekly bulletin.
Posted On 18 Dec 2017
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Tsipras, Kountoura, Tsakalotos Invite US Investors to Bet on Greece

Greek Prime Minister Alexis Tsipras invited investors to bet on Greece describing the country as a “land of opportunity”.
Posted On 12 Dec 2017
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Photo source: ESEE
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Lower Purchase Limits Boost Tax Free Shopping in Greece by 12%

Tax free shopping picked up pace in Greece over the last 12 months marking a 63 percent increase in sales and a 12 percent rise in purchase value.
Posted On 08 Dec 2017
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Study: Greek Hospitality Sector Shows Signs of Financial Health

The Greek hospitality industry is leaving the crisis years behind, as it increased earnings by 3.6 percent and gross profits by 44.4 percent in 2016.
Posted On 29 Nov 2017
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Tourism, Fiber Optics Projects for Skorpios Islet OKed by Greek Gov’t

Dozens of luxury villas and restaurants as well as a fiber optics network will be constructed on the Ionian islet of Skorpios.
Posted On 24 Nov 2017
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Creta Maris Beach Resort
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Linking Agri-food and Tourism Set to Make Greece Stronger

Bringing together the country’s primary and secondary sectors can generate multiple economic benefits for Greece, it was concluded during a workshop in Athens.
Posted On 23 Nov 2017
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Avis Hellas in Hands of Avis Europe – Turkey’s Otokoc

Avis Hellas will pass into the ownership of Avis Europe Holdings and Turkey’s Otokoc in a 318.1 million-euro deal, according to main shareholder Piraeus Bank.
Posted On 22 Nov 2017
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Photo Source: www.thehellinikon.com
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Minister Says Hellinikon Project Moving Ahead ‘One Step at a Time’

Development of the delayed multi-million-euro Hellinikon project is moving ahead “one step at a time", according to Deputy Economy Minister Stergios Pitsiorlas.
Posted On 20 Nov 2017
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Seasonal Tourism in Greece Takes Toll on Jobs

The seasonal character of Greek tourism has taken a toll on employment rates, with 98,420 lost jobs in October marking the end of the season.
Posted On 15 Nov 2017
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Greek Island VAT Rise Not Bringing in Gains

Revenue from the elimination of a special tax status applicable on a number of Greek islands has proven disappointing, according to an October tourism survey.
Posted On 14 Nov 2017
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