The Hellenic Chamber of Hotels has called for a fairer system of taxing accommodation for tourists after a study highlighted the loss of tax revenue from unlicensed short-term rentals.
Tourism could generate an additional 5 billion euros for the Greek economy annually according to new research by the National Bank of Greece (NBG).
Electronic payment options have become mandatory for a wider range of businesses and professions as a move to combat tax evasion and boost VAT revenues.
Greece has the potential to develop into one of the world’s major shipping hubs over the next few years according to a survey of opinions from leading representatives of Greek shipping companies.
South Korean technology giant Samsung has bought out, Innoetics a small Greek tech firm, which specialises in text-to-speech (TTS) technology.
A spell of bad weather in olive producing countries means that crops this year are not going to be as productive as previous years. The result is a spike in the price of olive oil.
“Energy is the spearhead of Greece’s economic growth policy. The government’s aim is to make Greece a multiple energy hub,” Prime Minister Alexis Tsipras said in May during a press conference.
At a time when investments in Greece are considered too risky by most foreign counterparts, Greece has found itself a potential ally in China.
The approval by Parliament next week of the measures agreed by the government and the lenders could be a trigger for several positive developments, including a return to international bond markets for Greece.
The publication by the Independent Authority of Public Revenue (IAPR) of the annual statistical bulletins provided revealing information about the composition personal income tax and its evolution over the past few years.