Investment spending on construction projects across Greece dropped to 9.0 billion euros in 2017, from 33.6 billion in 2007, the Foundation for Economic and Industrial Research (IOBE) said, according to ANA.
Corfu is a finalist in a European Film Commissions Network (EUFCN) competition for the best European shooting location for television and film.
Greece is a country of amazing contrasts. It has everything: sea, mountains, developed urban infrastructure, authentic villages, ski resorts, magnificent nature, excellent climate, as well as a variety of historical monuments.
Chinese investors are willing to sink the 250,000 euros into Greek real estate needed to acquire a visa even if they are not active in that market, a lawyer specializing in foreign investors in Greece tells Kathimerini, commenting on a recent spike in applications for a so-called “Golden Visa.”
Europe has taken a step forward in recruiting. In November, a pilot project iBorderCtrl will start in a number of European countries, during which a robot will conduct an interview with non-residents of the European Union.
The Greek economy is expected to grow by 2 per cent in the next three years, the European Commission said in its autumn forecast report released on Thursday.
Cyprus is expected to reach 4 million tourists in 2018. This according to the country’s Minister of Tourism, George Lakkotrypis, who spoke of “another exceptional record year.”
The BBC, a British television and radio company, informed that an old ship had been found in the Black Sea. According to preliminary information, she lay on the bottom of more than two thousand years. British scientists, together with their Bulgarian colleagues and scientists from other countries, conducted a study, the results of which became known for a more accurate age of discovery – the ship was built 2400 years ago.
Greece dropped five places in this year’s World Bank’s annual “Doing Business Index,” ranking 72nd, down from 67th place last year. Greece’s score of 68.08 represents a decline of 0.12 points compared to last year’s index.
The residential complex "Parnas" is located on the Sithonia peninsula in the resort area of Kriaritsi and is an excellent place to live. The pleasant climate, sandy beaches and very close to Mount Athos are well developed.
The Flisvos Marina, located in southern Athens, has been awarded the 5 Gold Anchors Platinum distinction by the Gold Anchor Scheme. It is the most prestigious international distinction for a marina.
Airbnb is increasingly asserting itself as a dominant force in Greece’s real estate market. This according to the results of a study conducted by Greece’s Center of Planning and Economic Research (KEPE), which found that more than 126,000 Greek homes, apartments, and properties are listed on the online platform.
Cyprus Airways Cyprus Airlines has long been committed to improving flight safety and improving service quality. And the result of the transformation was membership in an international association. It took a more than a year of hard work for the Cyprus air carrier to join the IATA (International Air Transport Association).
The recent real estate boom in Athens, precipitated by the thousands of Chinese citizens visiting Athens seeking out a bargain on property, was the focus of an extensive report published recently by Reuters. As reported by the wire service, Chinese investors are seeking out houses and apartments worth more than €250,000 ($285,000).
Athens airport has become a model for more than a dozen other airports in the world. Recall that in April last year, the Greek authorities decided to transfer to operation the company Fraport (Germany) 14 mainland and island airports. This contract will be valid for 40 years – until 2057.
Clocks in Greece will go back an hour on Sunday at 4 am, marking the start of standard time and signifying what might be the last time the time adjustment is implemented.
