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EU Backs Greek island, Cyprus Entrepreneurship with Funds

The EU approved last week funding amounting to 54 million euros via its Interreg V-A “Greece-Cyprus 2014-2020” program to assist nine border regions in Greece, and all of Cyprus, towards further developing their local economies with measures that will create jobs, improve...
Posted On 03 Aug 2015
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The Acropolis of Athens and the Parhenon
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‘WSJ’ Sees Swift Comeback for Greek Tourism

The Wall Street Journal is placing its bets on Greek tourism in a story published earlier this week titled “Greece Makes Fast Recovery in Tourism”.
Posted On 29 Jul 2015
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Greek VAT Scheme Seeking 2.4bn Euros May Take Toll on Tourism

The Greek government aims through last week’s decision to implement tax hikes across the board to bring a total of 2.4 billion euros to state coffers in the next 18 months.
Posted On 27 Jul 2015
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Greek Yachting Professionals Up in Arms Over VAT Hike on Charter Fees

Greece’s yachting professionals are expressing their grave concerns over the government’s recent decision to increase value-added tax (VAT) to 23 percent on charter fees.
Posted On 27 Jul 2015
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WEF Top Economist Says Greece Can Get Back on Track… As Long As…

Improving the quality of education, ensuring the broad-based participation of all its citizens in real employment, cutting red tape for new businesses and doing away with corruption, should be top priorities if Greece ever wants to recover from its current “economic malaise”,...
Posted On 24 Jul 2015
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Greek Islands May Face Shortages Soon

Reports in the media are calling attention to empty shelves and lacking medicines in Greece and claim that if a deal is not reached soon between the country and its creditors, banks will remain closed after July 6.
Posted On 03 Jul 2015
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Tourism, Innovation at Center of Economy Ministry’s New Action Plan

Tapping into the country’s productive forces by offering tax incentives and boosting employment are at the center of the economy ministry’s action plan to be implemented in the coming months.
Posted On 11 Feb 2015
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Greece’s New Growth Model to Tap into Innovation, SMEs, Foreign Investment

The economy ministry is drawing up a new strategic plan to boost development focusing on attracting foreign investment, facilitating the growth of small- and medium-sized enterprise (SMEs) and tapping into innovation while the international community regains its confidence in Greece.
Posted On 04 Feb 2015
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