Major Foreign Investments Expected to Help Greece Rebound from Covid-19 Crisis

While economies across the world have all been hit hard by the coronavirus pandemic, new foreign investments in Greece are expected to help the...

Greek Hotels Plead For Help Amidst Despair Over TUI Debt

Greek hotel owners are facing huge losses this year as Tui AG, the largest leisure, travel and tourism company in the world, is deferring...
video

Greece in Talks With London-Based Banks for Relocation to Athens

The Greek government revealed on Friday that it is in discussions with three London-based banks regarding their possible relocation to Athens following the official...

Coronavirus Measures Hinder Chinese Investors on ‘Golden Visa’ Program

More than 120 families of Chinese "Golden Visa" investors and another 100 prospective buyers are not allowed to enter Greece due to the coronavirus...

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...

Greece Appoints Internationally-Recognized Experts to Shape Nation’s Growth Plan

The Greek government announced on Thursday the formation of a special commission to draft a new "Growth Plan" for the Greek economy. The commission includes...

Greek Budget Foresees 2.8 Percent Growth in 2020

Greece's state budget for the financial year 2020 was presented to Parliament by Finance Minister Christos Staikouras on Thursday. A growth rate of 2.8% and...

China’s President Xi Arrives in Athens for Three-Day Official Visit

The President of the People's Republic of China Xi Jinping arrived in Athens on Sunday afternoon, beginning his official, three-day visit to the Greek...

Greece to Cut Taxes and Offer Incentives for Large Investments

The Greek government plans to offer tax relief to households, to cut business taxes and offer incentives to lure wealthy individuals to change their...

American Gaming Giants Battle for Athens Casino Rights

American gaming giants Mohegan and Hard Rock International will battle for the rights to build a casino on the site of the former Athens...

European Stability Mechanism Approves Athens’ Request for Early Repayment of IMF Loans

The European Stability Mechanism (ESM) on Monday approved an early partial repayment of Greece's outstanding loans to the International Monetary Fund (IMF). At the same...

Greek Parliament Approves “Invest in Greece” Development Bill

The Greek Parliament passed an economic development bill on Thursday which is aimed at boosting economic recovery in the post-bailout era. The bill, entitled "Invest...

LATEST