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TUI Expands Hotel Business with Three Hotels on Kos

As part of its expansion strategy to strengthen its high-margin hotel segment, TUI Group moves into Greece with the acquisition of three hotels on Kos.
Posted On 07 May 2019
, By
pixabay
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Report: Greece’s Construction Industry Set to Grow by 2022

Greece's construction sector is expected to recover over the 2018-2022 period, with a compound annual growth rate of 4.7 percent from -2.4 percent in 2013-2017.
Posted On 03 May 2019
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Photo Source: @Prime Minister GR
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Greek PM: Crete’s North Road Axis ‘Vital for Island’s Development’

The completion of Crete's north road axis is vital for the island’s further development, said Greek Prime Minister Alexis Tsipras.
Posted On 02 May 2019
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Greece Seeks to Upgrade Coastal Shipping Fleet with Greener Technologies

Greece's government is exploring ways to replace the country’s coastal shipping fleet with hybrid, LNG and electric alternatives, through public-private partnerships.
Posted On 09 Apr 2019
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Greek Gov’t to Name Financial Advisor for 23 Smaller Airport Projects 

The Greek Transport Ministry will name a financial advisor in the coming period to move ahead with the exploitation of 23 smaller airports across Greece.
Posted On 27 Mar 2019
, By
pixabay
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Small Number of Greece’s Businesses Bearing the Tax Burden, Says Grant Thornton

A mere 10 percent of Greece’s businesses are paying 88 percent of total taxes, according to a study presented by Grant Thornton.
Posted On 18 Mar 2019
, By
pixabay
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Greek Ventures Among Europe’s Top 10 Most Innovative in 2014 – 2016

Greece has moved up three ranks claiming ninth spot among the top 10 EU countries with the most innovative business ventures over 2014-2016.
Posted On 07 Mar 2019
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EIB ‘Committed to Unlocking Priority Investment in Greece’

The European Investment Bank (EIB) in 2018 financed a record number of projects in Greece, making it the largest beneficiary of EIB Group financing in Europe.
Posted On 04 Mar 2019
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The Horwath HTL Greece team with Crowe SOL Managing Director Charilaos Faltsetas (second from left).
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Tourism Consultancy Firm ‘Horwath HTL’ Opens Branch in Greece

Horwath HTL, which focuses 100 percent on hotels, tourism and leisure consulting, has opened a branch in Greece through SOL Crowe, a leading certified public accountant firm.
Posted On 25 Feb 2019
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Kasteli Airport Deal Signed, Project Ready to Take Off

Construction work on Kasteli Airport on Crete is set to begin after GEK Terna, India’s GAL and Transport Minister Christos Spirtzis signed the concession contract.
Posted On 22 Feb 2019
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Bidding for Greece’s Hellinikon Casino Opens

The Hellenic Gaming Commission has announced a tender for a casino license slated to run at Hellinikon, an €8 billion project to develop Athens’ former airport complex into a multi-purpose hub.
Posted On 22 Feb 2019
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Bill Approval Paves Way for Greek Port Sub-concession Deals

Α bill paving the way for public-private partnerships and sub-concessions for the commercial exploitation of 10 Greek ports has been approved by the Greek parliament.
Posted On 22 Feb 2019
, By
pixabay
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PwC: Greek Mergers and Acquisitions Increased in 2018

Greek companies attracted a total capital of 5.5 billion euros in 2018, according to a report on “Deals in Greece” published by financial advisor PwC.
Posted On 15 Feb 2019
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Port Sub-concessions, Waterways on Greek Shipping Ministry Priority List

The establishment of waterways and the sub-concession of port activities are top priorities for the National Coordination Committee for Cruise Affairs.
Posted On 07 Feb 2019
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The marina in main the town of Rhodes. Photo Source: Greek Marinas Association
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Greece to Launch Tender for the Lease of Mykonos, Rhodes Marinas

Greece’s public assets fund will announce tenders for the long-term lease of marinas on Mykonos and Rhodes, which will include a series of activities and the potential for commercial use.
Posted On 06 Feb 2019
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Report: Thessaloniki Port Could Boost Balkan Activity

Thessaloniki Port, the second largest container port in Greece, can boost activity in the Balkan region and Southeastern Europe, once upgrade works are completed.
Posted On 05 Feb 2019
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Photo source: Visit Greece / Y. Skoulas
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Greece Sees ‘Impressive’ 43.2% Increase of Tourists from Spain in 2018

Greece in 2018 saw an "impressive" rise in arrivals from Spain by 43.2 percent to 255,883, compared to 2017, according to the GNTO.
Posted On 30 Jan 2019
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Volos Port. Photo © GTP
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Shipping Ministry Eyes Significant Investments at 10 Greek Ports

Cruise and marina infrastructure development will be among investments the Shipping Ministry is planning for 10 ports in Greece.
Posted On 29 Jan 2019
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Greek Entrepreneurs Less Optimistic, Says Grant Thornton Study

Deteriorating optimism among the country’s entrepreneurs has landed Greece at the bottom of a list of 35 countries in the latest Grant Thornton International Business Report (IBR).
Posted On 29 Jan 2019
, By
pixabay
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PwC Says CEO Sentiment Downbeat about Global Growth Prospects

According to 30 percent of the world’s business executives, global growth is set to show signs of decline over the next 12 months, a PwC survey reveals.
Posted On 23 Jan 2019
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