The Hellenic Republic was led by Catherine Sakellaropoulou. She previously held the chair of the Chief Administrative Court. Before this, a female representative had never held the post of president of the country.
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The ENFIA database allows you to determine the rates for calculating real estate tax - the so-called "objective values". In 2020, due to the expansion of the base, the Greek government expects to receive an additional income of €400-500 million from taxation.
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A unique find was discovered by American archaeologists on the Peloponnesian Peninsula. 3 tombs were built in the distant past near the palace of the Mycenaean era, so scientists have suggested that they contain the bodies of monarchs. Surprisingly, the tombs were not looted and completely preserved. According to historians, the find is more than 3,500 years old.
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The program for issuing residence permits when buying real estate, launched in 2014, brought Greece about €2 billion and contributed to the rapid growth of the real estate market. Capital inflows were provided by investors from non-EU countries with an investment of at least €250,000 in Greek real estate.
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The Greek government will spend on the implementation of the national energy strategy of €44 billion, according to Enterprise Greece. Large investments should accelerate the development of environmentally friendly and renewable energy sources. And the country plans to further strengthen its position as a regional energy center.
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The International Emmy Awards semifinal this year will be held in Cyprus. As part of the competition, two qualifying rounds will be held, as a result of which the finalists will be announced. The winners themselves will be announced on November 23 during a gala dinner to be held in New York.
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In 2020, tenders will be held in Greece among the managers of shipping companies. According to their results, the leadership of a dozen regional ports will be determined. The Minister of Shipping, Yannis Plakiotakis, shared these plans at a meeting with representatives of the association of cruise ship owners.
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According to Enterprise Greece, Greek producers of natural and organic products are penetrating foreign markets amid increased demand for organic goods. Creams from famous from ancient times Cretan herbs, skin balms, natural wine, cheeses, olive oil, and fruits are very popular with foreign buyers.
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The restructuring of the Greek island of Scorpios was planned long ago, but work has just begun. The new owner plans to invest more than €160 million in the project. The scale of the island is quite modest: the land length is not more than 1000 meters, the area is only 0.878 km2.
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The leaders of the Greek, Cypriot and Israeli energy sectors met in Athens to discuss the construction of a gas pipeline. The ministers reached an agreement and signed a document in accordance with which the EastMed pipeline project will be implemented. A gas pipeline with a length of 1900 kilometers will be laid along the bottom of the Mediterranean Sea through the island of Crete.
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The head of Greece Prokopis Pavlopoulos signed a document according to which Tom Hanks became a citizen of the country. The famous actor received a passport in the order of naturalization. The fact is that since 1988 he is the spouse of Rita Wilson, who is of Greek origin. The actor’s wife – the actress, singer, and producer, is popular in the United States no less than her famous husband.
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The Greek economy is recovering faster than expected. In the 3rd quarter, its growth was 2.3%, according to the latest data from the Greek Statistical Office. This is facilitated by an increase in tourist flow, an increase in consumer spending and investment. According to government forecasts, the economy should show a growth of 2% next year.
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Greece enacted the potential for the provision of residence permit regarding alien investors for the first time in 2014 by the voting of the Immigration and Social integration Code (L. 4251/2014 G.G. A 80). Initially, the specified privilege was endorsed to “strategic investors” and real estate property investors whereas upon the relevant amendment (L. 4605/2019) it has expanded to a broad circle of investors of financial and stock exchange products.
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Fraport Greece is considering additional investments at the Macedonian airport in Thessaloniki. They are optional and represent a personal initiative of the management company. The German-Greek consortium, led by 14 regional airports, has completed most of the initial investment program of € 450 million.
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Developers have stepped up their activities in the Greek construction market in Attica, therefore, the regulatory authorities began to issue significantly more licenses for the construction of residential facilities.
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