Snow Batters Europe, Sun Shines in Greece
Snow hit all over Europe last week, creating chaotic conditions for transport. Ice caused disruption on roads and rail services, while dozens of flights were cancelled.
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Chinese Investment in Greece and Sino-Greek Relations
China’s growing presence in Greece through major investments and the purpose of this large scale initiative, is the subject of a new report by the Institute of International Economic Relations (IIER).
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Low Cost Homes to be Auctioned, Despite Government’s Claim...
Greek society continues to react as foreclosed homes that are worth less than 100,000 euros are to be auctioned, despite the Greek government’s claim that primary residences worth below 300,000 euros are protected.
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Data Shows Further Growth in Greek Tourism and Real Estate
Tourism is Greece’s most productive industry, steadily growing over the past four years. The World Travel & Tourism Council (WTTC) says that a new boom in Greek tourism is expected in the next decade.
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Tsipras and Chinese Vice Premier Discuss Trade Cooperation...
Prime Minister Alexis Tsipras met the visiting Chinese Vice Premier Ma Kai on Friday with the two sides vowing to strengthen their cooperation on the Belt and Road Initiative.
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Airbnb-type Rentals in Greece to Come Under Tax Scrutiny
The Greek government has introduced measures to bring short-term rental owners (like those using Aibnb services) under the taxman’s scrutiny by clamping down on rampant tax evasion.
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First Lottery for Card Transactions to be Held Today
A Finance ministry lottery aimed at rewarding plastic money transactions, which will in turn fight tax evasion, is being launched Thursday, with a two month delay.
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Alpha Bank Sells Serbian Real Estate Subsidiary for €8.4...
Greece’s Alpha Astika Akinita, an Alpha Bank subsidiary, said it has sold its Serbian subsidiary Alpha Real Estate to Mat Real Estate for 8.4 million euros ($9.9 million).
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Chinese Investors Look for Bargains in Foreclosure Auctions...
Chinese investors are embracing online foreclosure auctions in Greece, while demand for buying real estate property in Greece has gone up 158.5%, according to Juwai.com.
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Town of Trikala Claims Highest Christmas Tree in Greece
The town of Trikala, Thessaly, central Greece has laid claim to the highest natural Christmas tree in Greece.
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Greek Gov’t: We will Protect Homes of Working Class from...
The Greek government will protect the primary residences of low income families from being auctioned off, government spokesperson Dimitris Tzanakopoulos said on Thursday.
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Greece’s Motor Oil Signs Oil Supply Deal with Russia’s...
Greece’s Motor Oil Hellas Corinth Refineries and Russia’s largest oil producer Rosneft have signed a deal on mutual supplies of crude oil and oil products for the next five years, Rosneft said on Monday.
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Top 50 List of Beaches in the World Includes Two in Greece
A new list from Flight Network of the 50 top beaches in the world includes two Greek beaches, Elafonissi beach on the island of Crete and Navagio beach in Zakynthos Island.
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Business Insider: Greece 9th Worst Real Estate Market
Greece is one of the worst real estate markets for 2017, ranking in 9th place with Thailand in 8th, while prices continue to fall, according to the Business Insider.
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King George Hotel Now Officially Part of the Lampsa SA...
The Greek company Lampas SA on Friday completed the purchase of the historic King George Hotel in the center of Athens from Eurobank at 43 million euros, it said in announcement.
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