Greece Cracks Down On Short-Term Rentals To Balance Tourism And Local Needs

Greece Cracks Down On Short-Term Rentals To Balance Tourism And Local Needs

Greece is overhauling its short-term rental market with new regulations designed to enhance safety, address overtourism, and protect local communities. Effective October 1, 2025, stricter safety standards and limitations on rental properties will come into force, alongside increased taxes and a registration freeze in popular Athens neighborhoods. Enhanced Safety Measures for Rentals: New regulations mandate …

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S&P upgrades the rating of four Greek banks

S&P upgrades the rating of four Greek banks

[EPA] S&P Global Ratings upgraded the credit ratings of National Bank of Greece, Eurobank, Piraeus and Aegean Baltic Bank on Friday, and affirmed the rating of Alpha Bank, citing the stronger institutional environment and the improved capital quality of the sector. As the American agency notes, the strengthening of the supervisory authorities’ ability to act …

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THI Australia’s 10th Anniversary Gala Dinner In Sydney

THI Australia’s 10th Anniversary Gala Dinner In Sydney

The Hellenic Initiative (THI) Australia is thrilled to announce its 10th Anniversary Gala Dinner, a milestone event set to take place on Saturday, 22 March 2025, at the prestigious Fullerton Hotel in Sydney. This black-tie affair promises to be a night to remember, uniting members of the Greek-Australian community, distinguished guests, and supporters of THI Australia’s mission to …

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Drama as an opportunity to regroup

Drama as an opportunity to regroup

Three days ago, the stock market value of Nvidia, the US manufacturer of advanced chips engineered for AI development, and other artificial intelligence (AI) companies lost about 1 trillion dollars when a Chinese company in the sector, DeepSeek, introduced a similar product to the market, but much more competitive. The “perpetrator” of the project that …

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Greece Building €7.5 Billion Futuristic City On Former Athens Airport Site

Greece Building €7.5 Billion Futuristic City On Former Athens Airport Site

Greece is embarking on a massive €7.5 billion (approximately £6.4 billion) project to transform the site of the former Ellinikon International Airport into a futuristic city projected to boost the country’s economy and attract a million additional tourists annually. Dubbed “Ellinikon,” this eco-friendly development aims to be a “zip code paradise,” blending stunning coastal views …

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CareunderSun awarded for accessible travel

CareunderSun awarded for accessible travel

CareunderSun, a leading name in accessible travel, has become the first Greek company to receive the highly esteemed ZsL Stuttgart Award, underscoring the Athens-based agency’s commitment to promoting inclusion and accessibility in tourism, ensuring that travel is enjoyable and barrier-free for all. In addition, CareunderSun was awarded the prestigious Golden Wheelchair Award during this year’s …

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Bill Papastergiadis OAM Honored As 2025 Law Firm Leader Of The Year By Australasian Lawyer

Bill Papastergiadis OAM Honored As 2025 Law Firm Leader Of The Year By Australasian Lawyer

Melbourne, 30 January 2025 – Bill Papastergiadis OAM, Melbourne Managing Partner and Chair of the National Executive at Moray & Agnew, has been recognized as one of the Law Firm Leaders of the Year for Australia and New Zealand. This prestigious accolade was announced in the 2025 edition of Australasian Lawyer and NZ Lawyer, two of the region’s leading independent legal …

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Egypt fears Syria’s revolutionary fervor could be contagious

Egypt fears Syria’s revolutionary fervor could be contagious

CAIRO – Soon after Islamist rebels overthrew the authoritarian president of Syria, Bashar Assad, a hashtag gathered steam on Egyptian social media: “It’s your turn, dictator.” The message for President Abdel Fattah el-Sissi of Egypt was unmistakable. But he hardly needed the warning. Since the ouster of Syria’s longtime dictator on Dec 8, Egyptian leaders …

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February 2, Feast Of The Presentation Of Christ To The Temple

February 2, Feast Of The Presentation Of Christ To The Temple

The fortieth day after His birth, the All-holy Virgin brought her divine Son into the Temple of Jerusalem, to dedicate Him to God and to purify herself. In accordance with the Mosaic law, 40 days after the birth of a child the mother is required to present the child in the tabernacle and offer as …

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