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Greece

New Museum for Former Greek Royal Family’s Vintage Cars

Tatoi Palace, the former Greek royal family's Athenian residence, is to be converted into a museum that will also house their fleet of vintage cars. The vehicles were almost forgotten after having been abandoned at that domicile in Athens...

Aide of Former Greek PM Antonis Samaras in Panama Papers

Stavros Papastavrou, an aide of Greece's former prime minister Antonis Samaras, is a Greek politician whose name and activities appear in the Panama Papers. Specifically, the documents of the Mossack Fonseca law firm on Papastavrou say: "Not long after Antonis Samaras came...

New World Wealth Research: 3,000 Millionaires Leave Greece in 2015

Out of the total of 55,000 millionaires that remained in Greece in 2015, 5% abandoned the country in search of better conditions, according to a recent research by the New World Wealth. The research titled "Millionaire migration in 2015" by...

Greece: A Nation of Multimillionaires?

Greece may be a “lonely nation” as the former President of the Hellenic Republic, Christos Satzetakis had stated, but at least it is a nation of multimillionaires. Not everyone is as lucky, but at least 850 Greeks have made...

Ninety Two Greeks Have Property Over 100 Million Dollars

According to Knight Frank’s 2014 Wealth Report, in the Greece of crisis and recession, millionaires still exist. According to the survey, which was published on Wednesday, March 5, there are 721 multimillionaires in Greece compared to 571 in 2003 and 709 in...

Hundreds of Greeks Have Fortune of Nearly 60 Billion

According to data from Wealth-X, 505 Greeks have a fortune of nearly 60 billion euros in total. This data shows that the economic crisis not only has not affected the wealth, but is also an ideal environment for its...

Juncker Blasts "Unpatriotic" Greeks With Money Abroad

Eurozone chief Jean-Claude Juncker has castigated wealthy Greeks and those who hide their income in secret bank deposits outside the country and being unfaithful to their country at a time when many Greeks are suffering big pay cuts, tax...

Black-Cash-Greeks Love Posh London

A few days ago, Ms. Lagarde accused all Greeks of being tax evaders and said she feels no pity whatsoever for the Greek kids who faint out of starvation in school yards because their parents don’t pay their taxes....

Hundreds of Foreigners Enticed by Greece’s Tax Incentives

Hundreds of foreign citizens have already taken advantage of the tax incentives introduced by Greece and relocated their tax residence.

Risk of New Lockdown as Mask-Wearing Cretans Are a Rare Sight

By Benjamin Newton Wylie-Black As many will be aware, areas of Greece have undergone and are undergoing local restrictions in an attempt to flatten the curve of new Covid-19 cases and, while I cannot speak about other areas in Greece,...

Ultra-luxurious Cruise Ship Sails in the Aegean

  One of the most beautiful and glamorous medium-sized cruise ships in the world, the French-flagged "Le Bougainville," on Wednesday docked at the port of Volos, bringing the first tourists of the 2019 tourist season to the area. The French-flagged cruise...

Only Venezuela Lost More Money Than Greece in 2007-2017

Only crisis-hit Venezuela was ahead of Greece in terms of losing money in the ten years prior to 2017, new research claims. According to New World Wealth analysts' report, Greece came second on a list of countries which had the...

Fabulous Party Follows International Rally of Luxury Cars on Cosmopolitan Mykonos (video)

The 19th Gumball 3000 International Rally of luxury cars culminated on Sunday evening at Mykonos with a great party, according to Mykonos TV Live. The rally began a week earlier in Riga, Latvia and for the first time in its...

Turks Dominate Eastern Aegean Transportation Market

Turkish businessmen have taken the lead in controlling the maritime transportation of eastern Aegean tourists, threatening the financial survival of Greek shipowners operating in the islands of Chios, Lesvos, Samos, Kos and Rhodes. As a result, many of them...

Private Islands in Greece Up for Sale Due to Crisis

The crisis brought to Greece has had many advantages for millionaires. Several owners are trying to sell their islands because of the high taxes that were recently introduced by the government. As a result, prices have fallen in contrast to...