Greece to Cut Controversial Property Tax by 30 Percent Over Two Years

The new Greek government will introduce new legislation before Parliament by the end of July which would reduce the Single Property Tax (ENFIA) by...

Greece To Launch New 7-Year Bond, Says Public Debt Management Organization

Greece's Public Debt Management Organization issued an announcement on Monday notifying the Athens Stock Exchange that the country will soon be ready to launch...

Bank of Greece Governor Stournaras Proposes Abolishment of Capital Controls

Υiannis Stournaras, the Governor of the Bank of Greece, revealed on Friday that he proposed to the new Prime Minister, Kyriakos Mitsotakis, the complete...

Greece’s Creditors say No Changes in Bailout Program Terms for New PM

Greece’s creditors have said no to calls from the country’s new conservative government to ease harsh budget conditions agreed as part of its rescue...

Airbnb Added $1.4 Billion to Greeks’ Pockets in 2018

Airbnb rentals added $1.4 billion in the Greek economy last year, according to the short-term rental platform figures released this week. Even though Airbnb upset...

Bank of Greece Forecasts 1.9% Growth for 2019 and Lower Primary Surplus

The Bank of Greece published its interim report on Monetary Policy on Monday, where it highlights some interesting projections for the future of Greece’s...

More than One in Four Young Greeks are Not Working or Studying

More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in...

Capital Link Recognizes the Work of The Hellenic Initiative

The International 2019 Capital Link CSR Leadership Award was given to The Hellenic Initiative (THI) as a recognition of its work and its significant...

Greek Academics, Politicians Call for Crackdown on Campus Violence

Prominent academics and politicians signed an open letter on Wednesday calling on the Greek government to put an end to the endemic violence in...

Food in Greece 5% More Expensive Than EU Average in 2018

According to the latest data for 2018 released recently by Eurostat, food in Greece is five percent more expensive than the average prices across...

Greek Feta Cheese Exports to the UK Up by 214% in 10 Years

Exports of Greek feta cheese to the United Kingdom recorded an increase of 214 percent between 2008 and 2018, according to a survey conducted...

Property Values on Many Greek Islands Soar

The prices of properties on several Greek islands have been soaring since the beginning of the year, according to data obtained by Greece's most...

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