Overnight Stay Tax Controversy within the Greek Hospitality Sector

  The Greek Ministry of Tourism has implemented the Overnight Stay Tax as from January 1st, 2018; being its main purpose to drive revenues while...

US, Turkey Spat Could Boost Greek Tourism

Greek tourism may receive a shot in the arm this year as political tensions between the U.S. and Turkey could prompt travelers from both...

Greeks Face Renewed Strikes as Reform Vote Approaches

    Greeks in the capital and elsewhere will face more transport disruption next week as labor unions called further industrial action for Monday. Timed to coincide...

€6-7B Greek Bailout Tranche Set for Late January

    The next Greek bailout tranche, worth 6 to 7 billion euros, is expected to be disbursed in late January, provided that 55 agreed-upon measures...

Greek Inflation Rise Slows Down in December

Greece's consumer price inflation eased in December after accelerating in the previous month, figures from the Hellenic Statistical Authority (ELSTAT) showed Friday. Consumer prices climbed...

Scuffles Follow Greek March Against Austerity, Strike Bill (video)

Greek police used tear gas on Friday to push away demonstrators that approached the main entrance of the parliament building in Athens where a...

Dijsselbloem: Greece Needs Further Reform

Jeroen Dijsselbloem, who will on Friday step down as president of the Eurogroup of euro area finance ministers, told the U.K.'s Financial Times newspaper that further...

Greek Unemployment Rate Down to 20.7% in October

Greece’s jobless rate eased to 20.7% in October from an upwardly revised 20.8% in September, the country’s statistics service ELSTAT announced on Thursday. Seasonally adjusted...

Greece Among Top 10 Nations for High Fuel Prices

Greece is sixth in a list of countries with the most expensive auto fuel, with an average gasoline price of 1.56 euros per liter,...

Handelsblatt: Greece to Remain Under Lenders’ Supervision Until 2059

In a report about Greece's new omnibus bill and a potential break from its bailout in August 2018, German newspaper Handelsblatt claims the country...

Greek Lawmakers To Fast-Track Raft of Reforms

Greek lawmakers are to fast-track an enormous bill needed for the country to complete a third review of its  bailout program. The 400-article, 1,326-page bill...

Greeks Splashed Out On Card Payments Over Holidays

Piraeus Bank has said Greeks’ use of plastic money during the Christmas and New Year holidays rose to new record highs, evidence of a...

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