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Many foreign buyers of property utilize their assets and the resell them, reaping profits. What is on the mind of an apartment owner who rents a 70 sq.m. flat, in an old building in Athens’ central Pangrati district, for 800 euros? It is renovated, but it is squeezed in a narrow street, with a tiny …
Wednesday’s TV debate between the candidates for the new SYRIZA leader did not garner the same attention as the corresponding debate held by PASOK, nor did it demonstrate the same level of seriousness. This was not only due to the topics discussed but also to the political quality of the participants. Where else could one …
Environment and Energy Minister Thodoros Skylakakis spoke on Thursday about the significant economic and environmental benefits for the Greek islands from the creation of the Decarbonization Fund for the Islands, leveraging investments of 3.8 billion euros. Endowed with 25 million CO2 emission rights from the EU’s greenhouse gas emissions trading system, which at current prices …
[AMNA] Passenger traffic at Greek airports has jumped 8.9% in the first 10 months of 2024, in comparison with the same period the previous year, according to figures released on Friday by the Civil Aviation Authority. The data concern the 39 civilian airports, including the 24 operated by the CAA, 14 operated by Fraport Greece, …
The “2nd Greece-Cyprus Summit: Advancing Together” takes place on Wednesday at Hilton Nicosia in Engomi, in the presence of Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides and under the auspices of the Presidency of the Republic of Cyprus and the Greek Foreign Ministry. Source link
The fact that correspondence is needed between a ministry (of Culture) and a local government body (Municipality of Athens) about who is responsible for drawing up a study to clean a fountain can only be attributed to the peculiarity of Greek politics. The working hours wasted on bureaucratic recriminations would be enough to clean dozens …
Large multinational hotel chains are increasing their activity in Greece. The low penetration compared to the country’s hotel potential, which is far below that of other tourism destinations such as Spain or Italy, combined with the excellent prospects of tourism, are motivating the largest groups. They are constantly looking for partnerships with hotel property owners …
The return of the old rivalry between New Democracy and PASOK could be seen as the natural post-crisis evolution of political associations in Greece, after the noisy shrinking of leftist SYRIZA. But the return to the traditional two-party system does not restore the predictability of a quiet routine with the self-evident rotation in power of …
ECONOMY The Public Debt Management Agency (PDMA) announced last Friday that this Wednesday it will auction 26-week treasury bills to the amount of 500 million euros, in book entry form. Their maturity is May 30, 2025 and the settlement date is this Friday. Source link
There are strong growth prospects for tourism in Greece, with two new hotel openings already in the pipeline, Patrick Mendes, CEO of Accor for Europe and North Africa, tells Kathimerini. He also notes, as in other countries, a shift in demand toward the off-peak months, as travelers attempt to avoid overcrowding and increasingly high temperatures …