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Greece At Last Launches Construction Works for Massive Hellinikon Project

Greece inaugurated on Friday the start of construction work on a long-delayed major development project at the prime seaside site of Hellinikon, the old...
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First Tourists Arrive on Mykonos as Greece Opens Borders

After a three-month hiatus, tourism is expected to begin in Mykonos with the arrival of international travelers from countries including Spain, Switzerland, France and...

Athens Among Most Popular Cities for European Bookings

Flight booking data has shown that Athens, Greece currently ranks within the top 5 most-booked European cities during the first half of June 2020...

Greek PM Mitsotakis and Turkish President Erdogan Discuss Coronavirus Issue

Greek Prime Minister Kyriakos Mitsotakis spoke with Turkish President Recep Tayyip Erdogan on the telephone on Friday, June 26, after months of heightened tensions...

Greece’s Financial Recovery Struggles as Pandemic Skews Budget

The coronavirus pandemic, which has negatively affected Greece's tourism and hospitality industries, is already widening the country's budget deficit and slowly pushing it back...

Greece’s Decision to Install “Covid-19 Rooms” Angers Hotel Owners

Greece's hotel owners are outraged following a ministerial decision obligating them and their establishments to create special "Covid-19 rooms" to house infected patients. The decision...

Greece Scores Low in EU Innovation Scoreboard 2020 Study

Despite making considerable progress in recent years, Greece still lags behind other European Union countries in its performance within the vital arena of innovation. According...

Survey Finds Older Greeks Overwhelmingly Prefer In-Person Banking

According to a recent survey undertaken by the Active Citizens Fund program, a majority of Greek people over the age of 60 prefer to...

Hotel Prices in Athens Drop by One Quarter From Last Year

The Greek accommodations market is expected to face serious losses this summer, as room rates in Athens hotels have dropped by 24 percent this...

Greece Facing Three Major Challenges in Summer 2020

Greece is facing three major challenges this summer, with PM Mitsotakis' government having to tackle Turkey's aggressive behavior in the Aegean, ensure that the...

ECB: Greece Should Complete Reforms to Help Banks Reduce Bad Debt

Greece should complete the reforms needed to help banks reduce bad debt and deal with the impact of the COVID-19 pandemic, the European Central...

Greece’s Tourism Revenues Plunge Due to Lockdown

The coronavirus lockdown has hit tourism revenues hard, according to data published on Friday by the Bank of Greece. In the four months between January...

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