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Ministry of Development

Bad Loans Amendment Tabled by Outgoing Minister

Nikos Dendias tabled his last regulation as Minister of Development earlier today. He was later sworn before the Archbishop of Athens and All Greece Ieronymos as the new National Defense Minister replacing Dimitris Avramopoulos. The amendment regards bad business loans...

So, Which Greek Businessmen DID Angela Merkel Meet?

During her visit to Athens Friday, German Chancellor Angela Merkel met various captains of Greek industry. Greece has more opportunities than difficulties, Merkel said in her opening remarks at a meeting of Greek start-up companies during a one-day visit to Athens on...

Greeks Getting Milked on Dairy Price

The price of fresh milk in Greece is the third most expensive in Europe, behind Cyprus and Italy. From now on, there will be two types of milk in the Greek market: fresh milk with two-day expiry and long-lasting milk with...

Non EU Citizens Able to Rent Out Properties in Greece

According to the Greek Development Ministry a new plan is under development after mostly Chinese investors expressed their interest in Greek properties. This new plan will allow non EU nationals who own property in Greece to be able to...

Development Ministry Defends Foreclosure Rules

The Greek Minister of Development, Kostis Hatzidakis on Thursday defended draft legislation on non-performing mortgages. The opposition disapproves and claims that the government is essentially lifting the current suspension on foreclosures. The Minister, in an interview with MEGA on Thursday...

Greece OK's $1.25M For Mosque

The Greek government has given the go-ahead to release 964,000 euros ($1.25 million) for the first official state-sponsored and funded mosque in the country, the alteration of an old building in an Athens neighborhood that has drawn fire from...

Student Attacked For Requesting Receipt

Yannis Gerekos, a student from Komotini in northeast Greece, said he was heavily beaten because he refused to pay for not being given a receipt, following the Ministry of Development regulation that allows for customers in Greece not to...

First Edition of "Greek Law Digest" Released

Published under the auspices of the Ministry of Development, Competitiveness and Shipping of the Hellenic Republic and the Organisation INVEST IN GREECE S.A., Nomiki Bibliothiki presents the first edition of "Greek Law Digest: The Ultimate Legal Guide to Investing...