Greek courts gradually "exiting" the quarantine stage
GREEK COURTS GRADUALLY “EXITING” THE QUARANTINE STAGE
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12 measures towards the “restart” of Greek Real Estate and...
12 measures towards the “restart” of Greek Real Estate and construction
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The challenge of exploiting the Bank real estate portfolio
The challenge of exploiting the Bank real estate portfolio
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Greek exports rise to new record levels
Greek exports of goods and services reached a new record level in 2019, confirming the growing demand for nationally produced products abroad, despite the economic obstacles to world trade, which affected the export of oil and related products.
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Greece becomes a regional center for the development of high...
As a result of investments by leading technology giants, Greece occupies the position of a regional center for the development of high technologies. Investments made it possible to attract qualified specialists and develop the infrastructure. The new status of the country is also due to its favorable geographical position.
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February News 2020
The Greek Parliament elected Katerina Sakellaropoulo as President of the Hellenic Republic. For the first time, this post was taken by a woman. She will replace the outgoing President Prokopis Pavlopoulos. Previously, Sakellaropoulo was the chief judge of the highest administrative court of Greece.
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In 2020, Limassol is on the threshold of large-scale...
This year, the authorities in Limassol have planned global changes in the infrastructure and appearance of the city. The transformation will affect several streets, districts and recreation areas. And very soon, 2 multifunctional centers will appear in Limassol.
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The suspension of payment of VAT on real estate has been...
The Greek Ministry of Finance has approved a three-year suspension of VAT on real estate. This is a very important decision for the core market. The Deputy Minister of Finance signed a decision explaining the procedure for granting VAT deferral. It also describes the procedure for resolving the issue of those property owners for whom the tax has already been deducted, but in the light of new circumstances, it fell under the deferral.
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Greece is going to open unique underwater facilities for...
Greece is making efforts to develop the tourism industry, which brings huge revenue to the state budget. One of the priority tasks is to level the stereotype that local resorts are suitable only for beach holidays. Therefore, now the Ministry of Tourism plans to focus on diving. According to industry experts, it will help attract diving enthusiasts and professionals from around the world.
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Clean Monday in Greece: Lent traditions
People in Greece honor the church calendar. For example, the day of Lent is a national holiday. On this day, shops and markets, public and private institutions are closed. On Clean Monday, people wish each other “good Lent” or “good Pentecost” and try to attend church to receive communion.
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The plan of the second stage of reconstruction for the...
The first stage of the large-scale reconstruction of the Gulf of Faliro was almost completed, so the plan of the next stage of work was presented. Currently, the authorities in the Attica region are in search of financial resources necessary for the implementation of work.
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Top news in Greece
Prime Minister Kyriakos Mitsotakis met with President Donald Trump at the White House on January 7 to expand relations between Greece and America. As a result of the visit, a defense agreement and the Act on Security and Energy Partnership in the Eastern Mediterranean were signed.
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Greece and Japan expand trade relations
Greece and Japan decided to expand trade relations, as the states have long-standing friendships – more than 120 years of diplomatic relations. Besides, both countries dominate world maritime trade and have the same interests in all its fields.
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In 2020, Greece is preparing for the growth of the tourism...
The tourism sector, which accounts for about 25% of Greece’s GDP, will grow this year. And, as the Minister of Tourism Harry Theoharis noted, even despite the consequences of the closure of the British travel giant Thomas Cook in 2019.
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Greek property prices have risen in 2019
The real estate market in the largest cities in Greece showed an impressive increase in prices in 2019. The cost has increased not only for buyers but also for tenants. According to real estate sites in the country, the Greek real estate market is one of the fastest-growing in southern Europe. Its most active participants are foreign investors who are interested in obtaining a residence permit when buying real estate.
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