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News

The new harbor Paralimni...

The new harbor Paralimni Marina has been officially...

In the city of Paralimni in the south-east of Cyprus presented the project of a new harbor called Paralimni Marina. Mayor Theodoros Pirillis noted during the event that the construction of the marina will be the largest in the region. And the implementation of the development project is an important step towards the full modernization of the tourist infrastructure.

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Flamingo season in Cyprus

Flamingo season in Cyprus

Flamingos flew to wintering at Aliki Lake in Larnaca and other salt lakes of Cyprus. Birds choose the island because there is something for them to eat. And the humidity level is more comfortable than in Italy, France, and Kazakhstan. In these countries, birds live during the remaining months. Sometimes African flamingos fly to Cyprus to escape the heat and drought.

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Airbnb is the leader in...

Airbnb is the leader in selling short-term rentals in Greece

The Greek Center for Planning and Economic Research (KEPE) has found that the leading online property rental market in the international real estate market is Airbnb. Over 126,000 Greek apartments, villas, cottages, and houses are set out on the platform.

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GREKODOM will take part in the...

GREKODOM will take part in the Second Home Expo Ghent...

GREKODOM will also take part in the Second Home Expo Ghent. The developer’s information booth will be located at site 412.

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The Greek property market is...

The Greek property market is gaining momentum

The real estate market in Greece is stabilizing and rather successfully recovering from the crisis. The reason for the positive dynamics was the growth of tourist attractiveness of the country, which led to an increase in tourist traffic. And last year, the fall in prices for real estate objects stopped.

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INSETE analyzed the tourists...

INSETE analyzed the tourists who visited Greece

The INSETE Institute (Institute of the Association of Greek Tourist Enterprises) conducted a study aimed at identifying the profile of holidaymakers who chose Greece in 2016-2018. Tourists from FYROM (Republic of Macedonia), Cypriots and Albanians were excluded from the total sample. INSETE was interested in the method of booking, availability of higher education, age, income level, and other characteristics.

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Passenger traffic at Greek...

Passenger traffic at Greek airports: growth for December and...

14 regional airports in Greece are operated by Fraport (Germany). According to her report, in December 2018, passenger traffic increased by 16% compared with the same period in 2017.

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2018 was the best in the...

2018 was the best in the tourism industry in Greece

In the 12 months of last year, almost 34 million people from around the world visited Greece. The tourism industry accounts for 20% of the gross domestic product.

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The new budget of Greece...

The new budget of Greece provides GDP growth of 2.5%

The Greek Parliament approved the country's budget for 2019. In accordance with it, the growth of external gross product over the next 12 months should reach 2.5%. More than half of the deputies - 154 people out of 300 – positively perceived the proposed budget. 143 deputies turned out to disagree with such a forecast on GDP. In total, 297 people cast their votes at the meeting. 3 did not participate in the discussion.

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Renovation in Greece – a new...

Renovation in Greece – a new way to make money

Greece opens up huge prospects for investors. For example, the idea of ​​redevelopment promises greater financial gain. Its essence is to acquire an irrelevant object and change it so that it becomes popular in the real estate market. In Greece, there is low demand for office buildings, but at the same time, there is a shortage of offers in the residential real estate market.

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First Minister of Tourism...

First Minister of Tourism appointed in Cyprus

Savvas Perdios headed the first established Ministry of Tourism in Cyprus. Together with his team, he must develop a development strategy for one of the main areas of the island’s economy.

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Greece will beat the export...

Greece will beat the export record in 2019

The Association of Exporters of Greece reported great news: this year, the volume of exported products will show steady growth. Representatives of the association are confident that in 2019 the historical maximum is likely to be fixed, as new markets open up and the list of goods for export is constantly expanding.

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Russia and Greece strengthen...

Russia and Greece strengthen military-technical cooperation

In the Russian capital, for the 14th time, there was held a meeting by the Russian-Greek commission on issues in the field of military cooperation between the two states.

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They began to use 85% less...

They began to use 85% less plastic bags in Greece

According to the Greek Waste Management Agency (EOAN), the use of plastic bags has decreased in the country. The need for packaging has become less by 85%. This impressive result was facilitated by the introduction of a special environmental tax a year ago.

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The first bill auction this...

The first bill auction this year brought Greece $ 1,63...

On Wednesday, Greece was able to get $ 1,625 billion (€ 1,424,294,000) at the first bill auction in 2019. This was reported to the country’s Public Debt Management Agency (PDMA). The press release said that the 6-month treasury bills were sold with a yield of 0.9%.

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