The so-called golden visas have been found to be paving the way for criminal activity, according to a report released by Transparency International and Global Witness.
Tourism Minister Elena Kountoura is setting the tourist development of the Alimos and Chios marinas into motion after announcing the issue of the relevant presidential decrees.
Citing security risks, the European Commission is urging member states to restrict issuing investor visas to non-nationals, with plans to publish new regulations in September.
Tourism and manufacturing production will continue to drive economic growth rates for Greece, according to an Alpha Bank report for the first four months of 2018.
Stronger investment has boosted Greece’s economy for a fourth consecutive quarter in the October-December 2017 period, the Hellenic Statistical Authority (ELSTAT) said.
Tourism Minister Elena Kountoura recently held a series of meetings in Toronto to promote Greece as a preferred tourist destination to Canadian travellers.
Some 40 percent of Greece's tourism enterprises are currently facing serious sustainability issues, mainly due to over-taxation, according to the Greek Tourism Confederation (SETE).
Greece has "created" a series of tax disincentives that discourage the smooth operation of tourism enterprises and the launch of investments in the sector, according to the results of a study announced by the SETE Institute (InSETE).
A ban excluding franchise companies in Greece from being eligible for EU funding may be lifted, according to reports by Greek financial daily Naftemporiki.
