Greek Finance Ministry Extends Deadlines for Tax Debt Payments

By admin 12 Φεβρουαρίου 2021 No comment

Photo source: Athens Traders Association (esathena.gr) Greek taxpayers affected by the coronavirus pandemic who have still not paid their taxes will have until the end of the year to pay up, the Finance Ministry said on Thursday. Finance Minister Christos Staikouras announced an eight-month extension to the tax payment deadline on top of a previous […]

Greece Pledges Active Role in China’s 17+1 Initiative

By admin 11 Φεβρουαρίου 2021 No comment

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Greek Prime Minister Kyriakos Mitsotakis participated in a China summit with Central and Eastern European countries. Photo source: primeminister.gr Cosco’s investment in the development of Piraeus port has paved the way for stronger ties and new initiatives between Greece and China, creating the conditions for future cooperation, said Greek Prime Minister Kyriakos

EIB to Fund Small Scale Climate, Social Projects in Greece

By admin 27 Ιανουαρίου 2021 No comment

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Deputy Development & Investments Minister Yiannis Tsakiris and EIB President Werner Hoyer The European Investment Bank (EIB) and Greece agreed on Monday to allocate 200 million euros in funds to accelerate small-scale investments in innovation, entrepreneurship, clean energy, environmental protection, education and health. The funding is aimed at ensuring

Greek Court Decision Stops Parnitha Casino Move

By admin 18 Ιανουαρίου 2021 No comment

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The relocation of the Parnitha casino to the northeastern Athens suburb of Marousi has run into an obstacle after the Council of State, Greece’s highest administrative court, annulled a previous decision by the Central Council of Urban Affairs and Disputes that initially approved the casino’s transfer. The case was taken to court by the neighboring

Hellinikon Metropolitan Park Gets Green Light

By admin 15 Ιανουαρίου 2021 No comment

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An impression of the Metropolitan Park in Hellinikon. Photo source: thehellinikon.com Set to become one of the largest coastal parks in Europe, the Metropolitan Park to be created as part of the multi-billion-euro Hellinikon project is one step closer to realization after Greece’s Central Council of Architecture approved a relevant landscaping study. According to the […]

EY: 2% of Businesses Ready for Covid-19 Shock on Supply Chains

By admin 13 Ιανουαρίου 2021 No comment

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A mere 2 percent of businesses across the globe were prepared for the impact of the coronavirus pandemic on supply chains, according to a survey released this week by analysts EY. According to the findings which are based on feedback from some 200 senior executives in consumer, retail, life sciences, industrial, automotive, and advanced technology […]

Thessaloniki Expo Center Revamp Master Plan Gets Support

By admin 7 Ιανουαρίου 2021 No comment

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Thessaloniki International Exhibition Center. Photo Source: @TIF-Helexpo Thessaloniki stakeholders, local bodies and chambers released a joint statement this week expressing their support of a master plan for the overhaul of the port city’s exhibition center. On the initiative of the Thessaloniki Chamber of Commerce and Industry, 17 bodies, including the Region of Central

VIP Exclusive Tourism Club on Skorpios Isle Gets Green Light

By admin 5 Ιανουαρίου 2021 No comment

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Skorpios island. Photo © Facebook – ΟΙ ΟΜΟΡΦΙΕΣ ΤΗΣ ΕΛΛΑΔΑΣ ΜΑΣ A multi-million-euro luxury project to go up on the Greek islet of Skorpios, located off the Ionian island of Lefkada, is set to become the playground of the rich and famous after Greek authorities approved the investment with a joint ministerial decision. The 55-page decision signed last […]

New Investor Alliance Enters Greek and Cypriot Tourism Market

By admin 4 Ιανουαρίου 2021 No comment

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The Landmark Nicosia Hotel, Cyprus Invel Real Estate, Prodea Investments, and Ioannis Papalekas Group have teamed up to create a strategic investment operation aimed at tapping into opportunities in tourism, accommodation and F&B in the wider Mediterranean region. The cooperation will focus most of its activities on Greece and Cyprus. The new investor arm announced

Finance Ministry Issues Guidelines on Moving Tax Residence to Greece

By admin 4 Ιανουαρίου 2021 No comment

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Photo source: Hellenic Parliament The Greek Finance Ministry issued in late December a series of guidelines aimed at other country nationals wishing to transfer their tax residence to Greece. Investing in Greece is the key requirement for the move based on the ministerial decision which foresees favorable tax treatment and applies to the following categories: […]