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Greek Shop Owners in Tourist Areas Need Business Boost, Says Traders Body

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Greek Shop Owners In Tourist Areas Need Business Boost, Says Traders Body
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Plaka district, central Athens Greek shop owners operating businesses in tourist areas are calling on the government to introduce financial support measures after suffering a blow as a result of the coronavirus (Covid-19) pandemic. Citing a recent study, the Athens Traders Association is requesting that shops operating in tourist areas be considered tourist enterprises and

Commission Approves Release of Next Debt Relief Tranche for Greece

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Commission Approves Release Of Next Debt Relief Tranche For Greece
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The European Commission (EC) approved the release of a new tranche of debt relief measures agreed to as part of Greece’s post-bailout program after it successfully implemented reform commitments despite the extraordinary circumstances posed by the coronavirus (Covid-19) outbreak. In its 6th enhanced surveillance report – agreed to when the country exited its last bailout

Greece Allocates €33.7m to Coastal Shipping, Island Entrepreneurship

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Greece Allocates €33
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The Greek shipping ministry announced recently that it would be allocating 33.7 million euros to the islands to support entrepreneurship and coastal shipping in the aftermath of the coronavirus (Covid-19) pandemic. More specifically, island-based companies eligible for the transport discount, will receive 11.2 million euros; 15 million euros have been set aside to ensure

Greek Islands Want Return to Lower VAT Rates in View of Covid-19 Damage

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Greek Islands Want Return To Lower Vat Rates In View Of Covid 19 Damage
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Leros Island, Greece South Aegean island authorities are calling on the Greek government to reinstate previously set value added tax (VAT) rates, which were specifically valid for a number of Greek islands, as part of efforts to mitigate the adverse economic effects of the coronavirus (Covid-19) pandemic. Local government authorities and South Aegean Regional Governor […]

Covid-19: Greece Boosts Support Actions for Businesses and Workers

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Covid 19: Greece Boosts Support Actions For Businesses And Workers
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The Hellenic Parliament. Photo Source: @PressParliament / © Aliki Eleftheriou In an attempt to keep the economy afloat in the aftermath of the coronavirus crisis, the Greek government announced on Monday, additional support measures for some 800,000 businesses, 1.7 million private-sector employees and 700,000 self-employed and small business owners. “We are implementing