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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As Greece officially exited its international bailout on Aug. 20, one indicator of confidence in the country is its tentatively stabilizing real estate market — especially in the capital, Athens.
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Greek museums are very popular with tourists from all over the world. This is evident from the ratings collected by the TripAdvisor site. This year the Acropolis Museum was in the top six of the best museums in the world. To achieve such a high place helped reviews and assessments of users who actively comment on their holidays in other countries on the site tripadvisor.com.
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Europe is the undisputed travel ‘destination of choice’ in the world. Almost half of all global travel is destined for Europe and a number of its countries have the highest number of annual visitors in the world.
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For the first six months of 2018, Cyprus has demonstrated a rapid rate of economic growth. That allowed it to get into the top five of the leading countries. The rating was compiled by the DBRS agency. The top three were Latvia, Malta, and Slovenia. A little lower was the rate for Slovakia, so it took the fifth place.
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According to a survey conducted by RE/MAX Greece, the rent prices in the country have increased on average by 8.4 percent compared to last year, while wages are frozen, and pensions are about to be cut yet again.
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The attention of the European Union has recently been directed to the Eastern Mediterranean, seeking ways to expand and strengthen its energy industry. A number of signed agreements will allow the inclusion of new countries in the list of suppliers of liquefied natural gas to the territory of Europe. Now Egypt and the Republic of Cyprus are discussing such a step.
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If, on a territorial basis, Greece is only at the end of the first hundred, then along the length of the coastline the state is among the leaders – it occupies the 11th place.
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This year, more than 20,000 Muscovites became guests of the cultural event dedicated to Greece. They were offered a rich entertainment program. The organizers opened two venues for the performance of various artists and theater actors.
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Grekodom Development, part of Mouzenidis Group, which provides services and projects in the fields of construction and real estate in Greece and in Cyprus, is delighted to announce the establishment of a new branch office in Dubai operating as Grekodom Arabia.
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Record numbers of non-EU investors are granted the “Golden Visa” scheme that entitles them to a Greek residence permit in return for major investments, new data show.
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