Greece Seizes 900 Accounts per Day Over Rocketing Tax Debts

Taxpayers’ arrears to the state rocketed by 5.47 billion euros in the first half of 2017, as Greeks are unable to meet their tax...

Foreign Companies Express Interest in Greek Gas Grid

Six companies express interest for the 66 percent stake in Greece's natural gas grid operator DESFA, the country's privatisation agency said on Monday. The interested...

Government to Slash OPAP’s Video Lottery Terminals

Greek authorities are looking for a way to cut the number of video lottery terminals (VLTs) that gaming privatised monopoly OPAP operates in the...

Two New Offshore Oil and Gas Exploration Tenders Launched

The Greek government has launched two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the...

Tourist Investment in Crete Approved by the Greek Government

A foreign investment worth €408 million planned for Aghios Nikolaos in the island of Crete has been approved by the Greek government. The project, known...

Kythira Island in “State of Emergency”, Firefighter hospitalized

The wildfire is ranging on Kythira for a third day and a "state of emergency" was declared on Saturday, after four settlements had to...

Report: Tourism Investment in Greece Runs into Trouble

A report by Reuters follows the route of tourism-related investments in Greece and reveals major delay and other bureaucratic issues preventing foreign and domestic...

Eldorado Goldmine Arbitration to Start in August

Eldorado Gold will face Greek officials in an arbitration court later this month as the country's government sees the move as the preferred way...

Mount Athos Exempted from Paying Property Tax

Digital Policy Minister Nikos Pappas has approved an amendment that exempts Mount Athos monasteries from paying any pending property tax. The amendment, also signed by...

New Development Bank will Fund Infrastructure Projects

The Greek government will set up a development bank to fund infrastructure projects, start ups, small businesses and export oriented companies, the government's...

Greece Denies Blocking EU Sanctions to Venezuela

Greek diplomats denied a Financial Times report, according to which Athens blocked the imposition of EU sanctions to Venezuela. According to Kathimerini news daily, diplomats...

Telecoms Operator OTE Q2 Core Profit Rises

Greece's biggest telecoms operator OTE posted a 1% rise in second quarter core profit on Thursday, helped by an increase at its domestic mobile...

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