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Capital Controls to Be Lifted by the End of September, 2019

The Bank of Greece and the Greek government are ready to completely lift capital controls in Greece, media reports suggested on Thursday. The restrictions to capital...

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...

Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011

The Greek unemployment rate fell to 17.6 per cent of the workforce in April 2019 from 18.2 per cent in March and 19.8 pct...

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...

Reports Say Greek Banks to Axe Up to 4,000 Jobs in 2019

Greek banks are expected to cut up to 4,000 positions during the year 2019, various outlets in the Greek media reported on Monday. Most of...

Greek Vineyards to Be Open to the Public for Free Tours May 18-19

Greece's Unions of wine-makers plan to open the doors of their vineyards to the public during the weekend of May 18-19. Under the ''Open Doors'' initiative,...

Greek Unemployment Down 2.1 Percent in February of 2019 Compared to Year Prior

The Greek Statistical Authority (ELSTAT) issued a report on Thursday which shows that unemployment in Greece fell from 20.6 percent in February of 2018 to...

Greek Authorities Revoke License for Tall Building Near Acropolis

The Greek Ministry of Culture revoked the license for the construction of a new, multi-level building which had been planned for Athens' Koukaki neighborhood...

Bureaucracy Limiting Number of Luxury Yachts Visiting Greece, Experts Warn

Professionals from businesses in Greece which work with foreign yacht-leasing companies, as well as owners of ultraluxury yachts, claim that Greek bureaucratic madness is forcing them...

Remote Work in Greece Lags Behind Other EU Countries

A new report published by the Hellenic Federation of Enterprises (SEV) on Friday suggests that only five percent of Greece's workforce works from home as...

Greek Construction Companies Conquer the German Market

Over the last several years, Greek construction companies have steadily, and significantly, increased their share of the market in the construction sector in Germany. When the...

Archaeological Council Approves Environmental Study for ”The Hellinikon Project”

The Central Archaeological Council of Greece (KAS) gave a green light on Wednesday to the environmental study for the project formally called the "Implementation...

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