Features
OECD report shows poor quality of services and low trust in govt
The OECD Government at a Glance report for 2019 has shown the shortcomings in providing services to Greeks in areas such as health, justice, education and perceptions of trust for the government.
Government opts for modest tax relief, but who will benefit?
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The government tabled its much-anticipated tax relief package in Parliament on Tuesday night, making good on some of its pre-election pledges.
OECD report traces change in public spending over a decade
The latest OECD Government at a Glance report for 2019 has illustrated the way in which public spending has changed in Greece across the crisis years.
HRADF development plan lays out list of actions pending for privatisations
The Hellenic Republic Asset Development Fund (HRADF) has noted in its revised business development plan that a number of barriers still remain in place for several major privatisations to move forward, including the redevelopment of the Hellinikon.
Changes to primary residence protection proposed in bid to draw more applications
A bill bringing changes to the framework for the protection of primary residences was submitted to Parliament yesterday by the Finance Ministry, which is hoping to boost the number of applications.
Airport privatisation set for take-off as more sales head for runway
The privatisation of the Athens International Airport (AIA) moved forward a step this week when the Hellenic Republic Asset Development Fund (HRADF) announced that 10 investment schemes expressed interest in the first phase of acquiring a 30 percent stake in the airport currently held by HRADF.
Greece falls to 79 out of 190 economies in ease of doing business ranking
The latest Doing Business Indicators report for 2020 by the World Bank Group has shown that Greece fell to number 79 out of 190 economies worldwide.
Govt proposes property VAT reduction to kickstart home sales
The government is taking measures to reduce the VAT on all properties built from 2006 onwards in order to kick-start the country’s stagnant property market.
Plans for Hellinikon development set out, emphasis on real estate revenues
New details about the development project at the former Athens airport, Hellinikon, have revealed that building work is expected to begin in 2020.
Greece tugged down in WEF competitiveness ranking by financial system, institutions
The World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell two places in a year, standing at number 59.