Greek nationals have been permanently exempted from the obligation to obtain travel documents (a visa) before traveling to the United States, according to a letter sent by U.S. authorities to Greece’s Minister of Citizen Protection Olga Gerovassili.
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Despite the economic crisis, Greece has been and remains one of the most tourist attractive locations. Every year, millions of tourists from all over the world come to the mainland and islands to relax, to get acquainted with architecture or to buy real estate. It is on this category of buyers, i.e. international economic elite, local developers are aimed. And all of them, as one, predict the growth of sales of a corporate real estate, which is called the best world brands.
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Piraeus Bank, Greece’s biggest lender, has announced it will finance the development of the Thriassio Transit Center, which will help increase freight transport by rail and promote Greece as a major freight hub in the trans-European transport network.
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In the Eurostat list, Cyprus ranks second (781.651 kg), second only to Malta (526.611 kg). Among the twenty European countries, Spain was the largest buyer (76.960.641 kg), followed by Italy, Germany, and France.
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We all known that Greeks love to eat…and whats more, they love to cook!
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U.S. investment company BlackRock has decided to freeze a plan to build a mall complex in western Athens after 11 years of battling Greek bureaucracy, because of the risky economic situation in Greece, Kathimerini news website reports.
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The project of building a luxury resort in a 490-acres plot in Erimitis, in the Kassiopi area of Corfu, will kick off in 2019, seven years after the agreement with the Greek State and after 11 appeals.
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Total investments of at least 550 million euros in various types of commercial properties are in the pipeline, as real estate is rediscovering its growth momentum after almost 10 years during which very few new buildings were constructed, while occupants had already been secured for most of them in advance anyway.
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In Limassol, very soon it will become even more comfortable to use the services of urban transport: buses will equip information boards, and the old stops will be replaced by innovative ones - intellectual ones.
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Visiting Elafonisos in Greece is an unforgettable experience because of the natural raw beauty this small island has to offer.
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A unique beer from Chios, featuring mastiha, the island’s most famous product, is about to enter the global market and the company is hopeful that the rest of the world will love it, as do the locals.
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Tourist arrivals on the Greek island of Rhodes grew by 9.26 percent in September, totaling 402,108 people from 368,045 in September 2017, according to Fraport Greece report.
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Greek companies that work in real estate investment are finishing the year 2018 with excellent results. Their profits have become much larger. The investment companies managed to achieve an impressive result thanks to the expansion of their portfolio by incorporating new assets and increasing the value of real estate assets.
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The majority of real estate transactions in Greece are carried out in cash, as banks continue to underfinance the property market because the majority of buyers do not have the credit profile for a substantial loan.
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European Central Bank decided to update the design of banknotes. Updated denominations of €100 and €200 have already been submitted to the public. The financial regulator of the European zone plans to launch them in the spring as early as next year.
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