The story of Greece’s property markets trials and triumphs over the last few years reads like the pages of a dramatic novel. There was the mighty rise followed by a sudden and brutal collapse, to today’s market which is steeped in rumour and speculation.
The second annual “Athens Conference of European Energy Law” took place on Friday at the Athens Chamber of Commerce and Industry.
Greece has dropped one place in this year’s Global Competitiveness Index (GCI), standing at 87 overall out of 137 economies. The 87th spot was occupied by Algeria last year, which this year moved to number 86.
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.