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Historic Athens Hotel King George Up for Grabs

The 5-star King George Hotel in Athens, dating back to the 1930s, is up for sale, Eurobank said, calling on interested parties to submit their bids until June 12.
Posted On 30 May 2017
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Greek Inspectors Hit the Beach to Tackle Tax Evasion

In efforts to tackle tax evasion particularly rampant in the summer months, Greek tax inspectors are making surprise “visits” at popular tourist areas.
Posted On 25 May 2017
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Greek Golden Visa Program to Include Bond Buyers

The Greek economy ministry will expand the investment visa program to include extending "gold visas" to foreign nationals investing at least €250,000 in bonds/shares.
Posted On 25 May 2017
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Photo source: OLP / intervisual.gr
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Sea, Cruise Tourism Stakeholders Invited to Bet on Greece

Tourism Minister Elena Kountoura invited sea and cruise tourism stakeholders to place their bets on Greece, during the 4th Posidonia Sea Tourism Forum.
Posted On 24 May 2017
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Minister Kountoura Announces New Legal Framework for Tourism

Tourism Minister Elena Kountoura announced the creation of a new legislative framework for tourism set to be completed by autumn.
Posted On 23 May 2017
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Transport, Tourism, Energy Top China’s Greece Agenda

Chinese business groups have expressed interest in the areas of transport, telecommunications, energy and tourism in Greece.
Posted On 22 May 2017
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More Austerity for the Greeks: Parliament Approves Reforms

A highly debated bill was passed in Greek parliament, which includes stringent austerity measures, such as pension cuts and a lower income tax threshold.
Posted On 19 May 2017
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Lamda Says Ready to Get Hellinikon Works Underway but Still Waiting

Lamda Development is ready to proceed with the next phase of the Hellinikon project to transform Athens’ former airport into a metropolitan park.
Posted On 18 May 2017
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Photo © Maria Theofanopoulou
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Tabled Bill Foresees Athens, Thessaloniki Shops Open Every Sunday

Shops in certain areas of Athens, Thessaloniki and Piraeus can remain open on all Sundays between May and October, according to a draft law.
Posted On 17 May 2017
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Greek Finance Ministry Eases Capital Controls

The Greek finance ministry announced the further relaxation of capital controls, which have been in effect in Greece since June 2015.
Posted On 16 May 2017
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Draft Law Aiming to Tax Airbnb-style Rentals in Greece

A bill to be voted on in Greek parliament is set to impose a 15-45 percent tax on annual income, earned from the short-term lease of property for tourism purposes.
Posted On 15 May 2017
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Greece Set to Receive €2bn in EBRD Funding by 2018

Greece will receive up to 2 billion euros in European Bank for Reconstruction and Development funding by 2018. The financial institution will continue investing until 2020.
Posted On 12 May 2017
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Shipping is Greek Government’s Top Priority

The Greek government's economic policy council has decided to set up an inter-ministerial working group, with the aim to strengthen shipping and support maritime education.
Posted On 10 May 2017
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Minister Says Greek Tourism First to Feel the Impact of Brexit

Brexit is expected to have consequences on the Greek economy, with the most significant losses expected in tourism.
Posted On 09 May 2017
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Greece Retail Trade Opposed to Sunday Shop Opening

Greece's major retail trade players are expressing their opposition to a recent decision by the government to keep shops open on 30 Sundays a year.
Posted On 08 May 2017
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EU Funds to Boost 2,000 Greek Businesses

A total of 420 million euros in funding is intended for some 2,000 Greek SMEs as part of the European Commission’s Investment Plan for Europe.
Posted On 05 May 2017
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Greek Accommodation Body SETKE Wary of Sharing Economy

The Greek Confederation of Tourist Accommodation Enterprises (SETKE) is calling on the government to reconsider plans to liberalize short-term tourist rentals.
Posted On 05 May 2017
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Greek PM Visit to China Set to Pave Way for Investments

Greek Prime Minister Alexis Tsipras is expected to sign a three-year agreement with Chinese officials to attract investment to Greece, during his visit to Beijing in May.
Posted On 02 May 2017
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IOBE Trims Greece’s Growth Forecast Due to Lagging Bailout Progress

The Greek economy will grow by up to 1.5 percent in 2017, below January forecasts, as the lingering bailout negotiation process continues to fuel uncertainty.
Posted On 26 Apr 2017
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Photo source: ET Tech
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Three Months for Greek Tourism Businesses to Install POS Devices

Hotels, travel agencies and car hire businesses across Greece, have three months time to install POS (point-of-sale) devices enabling customers to pay by credit card or face penalties.
Posted On 20 Apr 2017
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