Syntagma Square, Athens. Photo © GNTO/Y Skoulas The European Commission (EC) praised Greece for advancing reforms and meeting commitments agreed to as part of its post-bailout program despite the challenging circumstances caused by the Covid-19 pandemic and noted that the economy was demonstrating an “earlier-than-expected recovery”. In its 11th enhanced surveillance
Greek accommodation enterprises were back on track in July, recording nearly 1 billion euros in turnover – quadruple 2020 levels, according to monthly data released by the Hellenic Statistical Authority (ELSTAT). F&B services providers also welcomed an increase in revenue in July driven by strong inbound tourist flows. More specifically, July 2021 turnover
Greek Prime Minister Kyriakos Mitsotakis presents the country’s National Strategic Extroversion Plan. Photo source: @PrimeMinisterGR Greece’s attractiveness as an investor destination and stronger export activity are two crucial indicators of a robust economy as well as priority targets under the country’s National Strategic Extroversion Plan, presented on Tuesday by Prime
Greece is aiming to keep tourist flows steady into autumn, said Tourism Minister Vassilis Kikilias, adding that maintaining incoming flights from the US will contribute greatly to boosting tourism in October and November. In an interview to public broadcaster ERT on Tuesday, Kikilias confirmed news that Greece was expecting tourism-related revenue this year to reach
Fira, Santorini. On the back of estimated tourism revenues to the tune of 12 billion euros in 2021, Greek Tourism Minister Vasilis Kikilias recently announced a four-pronged tourism strategy aimed at boosting the economy and stimulating growth. In an interview to Proto Thema, Kikilias said the plan to be implemented in the immediate future focuses […]
Athens, Greece All the more international investors are looking to Greece to invest and gain residence and citizenship rights, according to research released by real estate firm Astons. Greece’s “Golden Visa” program, which grants five-year residency rights to third country nationals who purchase individually or through a legal entity property valued at a minimum of […]
Alternate Development & Investments Minister Yannis Tsakiris announced this week that the first funds to tourism enterprises seeking support will be released in the first days of September. “In the beginning of September, the first payments will be made to tourism companies that have submitted an application as part of a relevant NSRF program,” he […]
Plaka, Athens. Photo: GTP The decision to ease Covid-19 restrictions and allow economic activity earlier this year as well as the opening to tourists contributed to a recovery in Greek business turnover in the second quarter (Q2) of the year, the Hellenic Statistical Authority (ELSTAT) said this week. More specifically, Q2 turnover for all enterprises and […]
Greek accommodation services providers saw turnover increase in the second quarter (Q2) of the year by 452.3 percent to 596,430,723 euros against 107,999,937 euros in Q2 2020, the Hellenic Statistical Authority (ELSTAT) said on Thursday. Leading the way the regional unit Rhodes marking the largest overall increase in Q2 turnover compared to Q2 2020 up […]
Investments and exports are expected to boost the Greek economy as Greece and the US enter a renewed period of cooperation, said American-Hellenic Chamber of Commerce (AmCham) President Nikolaos Bakatselos. In an interview to the Athens News Agency, Bakatselos said that according to assessments, “Greece needs 100 billion euros in investments over the next few […]


















