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Athens Adopts Italian Model of Attracting Super-Rich to Tax Registry

The Greek government has decided to copy, and attempt to implement, Italy's model of encouraging ultra-wealthy individuals and large companies to move their tax...

Greek Unemployment Continues Downward Trend; Falls to 16.9% in July

The unemployment rate in Greece fell to 16.9 percent of the workforce in July of 2019, from a level of 19.1 percent seen exactly one...

Foreign Investment in Real Estate Nearly Doubles in Greece in 2019

According to official data published recently by the Bank of Greece, foreign investment in Greek real estate grew by a stunning 94.6 percent during...

The Ghost Tower of Piraeus Ready to Come Back to Life

A multi-million-euro plan which aims to revive the Tower of Piraeus, the tallest building in Greece's greatest port city of Piraeus, was revealed recently. The...

The Hellinikon Project: Greece’s Modern Tale of Agony and Ambition

The Hellinikon project has become synonymous with everything that Greece desires to achieve; however, at the same time, it perfectly highlights modern Greece's deep-rooted...

Greece to Offer Limited Number of Citizenships to Major Real Estate Investors

The Greek government plans to introduce a limited citizenship-granting scheme to non-EU nationals who wish to invest more than €2 million in the country's real...

Greek Government Decides to Sell 30% Stake in Athens’ International Airport

The sale of a 30 percent stake in Athens' Eleftherios Venizelos International Airport was decided at a meeting of the Greece's Government Council on Economic Policy, held...

Employment in Tourism Sector Hits Record Numbers in Greece

According to a recently-published study by the Institute of the Greek Tourism Confederation (INSETE), employment in the tourism sector reached record-high levels in Greece...

Economic Confidence Climbs Even Higher in Greece in August

According to the latest figures published by Eurostat on Thursday, the Economic Sentiment Indicator (ESI), which was already on an upward trajectory, increased even...

Tourists in Greece Spend 16% More Money This Year Compared to 2018

According to the latest figures published recently by the Bank of Greece, tourists visiting Greece during the first half of 2019 spent an average of 15.9...

Data Shows 3 Out of 10 Greek Businesses Set Up During Crisis Failed

According to a study which was recently conducted and published by Greece's Center of Planning and Economic Research, three out of every ten businesses...

Economic Confidence in Greece Jumps to 12-Year High in July

The index measuring confidence in the Greek economy jumped to 105.3 points in July from 101 in June, the highest level seen since March...

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