Tobacco Smuggling: Smoking the Taxes Away

More than 33 million packs of illicit cigarettes have been confiscated in the Greek and Cypriot customs at the end of January by the...

The Top Greek Exports that Helped Greece Through the Financial Crisis

When it comes to how Greece has stayed afloat throughout the financial crisis that has gripped the nation since 2010, it is no surprise...

Saudi Prince to Invest in Greece

Saudi Prince Al-Waleed bin Talal confirmed his interest in investing in Greece during a meeting with Greek Deputy Development Minister, Notis Mitarakis, and “Enterprise...

Philip Morris Warehouse For Agrinio

Greece’s Prime Minister Antonis Samaras will meet with the President and Managing Consultant of the tobacco company Papastratos, Nikos Theofilopoulos, to talk about plans...

Thessaloniki Marks International Fair with Thousands of Chinese Lanterns (photos)

China is the honored country in the 82nd Thessaloniki International Fair and the streets of the city have been decorated with red lanterns. Around 5,000...

Women Smuggle Gold Inside Themselves

Two women of Albanian descent who were traveling on a bus from Thessaloniki, Greece to Istanbul, Turkey on June 28 were arrested after police...

Germans Drink More Ouzo, Greeks Opt for Tsipouro

Germans drink almost twice as much ouzo as Greeks, who now seem to turn to tsipouro; meanwhile ouzo exports to the Middle East are...

Greek Revenue Services, US IRS Sign Agreement for Tax Data Exchange

The US IRS announced this week on its website that the US has entered into a bilateral competent authority agreement with Greece to exchange...

Food Prices on the Rise in Greece

The prices of basic food items in Greece have increased up to 18% in one year, despite the recession and high unemployment, says a...

Greek Exports Increase as Euro Drops

Greek exports, excluding fuel products, increased by 280.4 million euros in March, recording a 20.7 percent rise compared to 2014, while the first quarter...

EU Extends Schengen Border Controls for Another Six Months

EU member states of the European Council backed last week's recommendation from the European Commission to extend border controls in the passport-free Schengen zone...

Crete Eyes Arab, Israeli Markets

On the heels of a report showing a sharp rise in the exports of its products, Crete is targeting Arabic countries for further market...

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