Features
Greece drops six places in global ease of doing business report
The World Bank’s Doing Business 2018 report showed that Greece fell several places to stand at 67 out of 190 countries surveyed. Last year’s report had put the country at 61.
Back from the brink: What next for Greece's property market?
By:
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.
Energy conference highlights path and obstacles to European energy integration
The second annual “Athens Conference of European Energy Law” took place on Friday at the Athens Chamber of Commerce and Industry.
Greek competitiveness rank remains low as tax, bureaucracy create obstacles
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.
Study shows 341 mln a year in tax lost from short-term rentals
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 give economy annual 5 bln boost, NBG report finds
Tourism could generate an additional 5 billion euros for the Greek economy annually according to new research by the National Bank of Greece (NBG).
Mandatory e-payments come into force as Greece seeks to boost card use further
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.
Survey reveals opinions around Greek shipping cluster's potential
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.
Samsung buys out Innoetics in latest boost for Greek tech sector
South Korean technology giant Samsung has bought out, Innoetics a small Greek tech firm, which specialises in text-to-speech (TTS) technology.
The conundrum of Greek olive oil exports
By:
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.