The Greek Tourism Confederation (SETE) is calling for the formation of a special, investment-friendly zoning plan for tourism.
Greek banks are preparing their own bond issues following the country’s successful return to the markets after three years.
The State Legal Council is passing the hot potato of the statute of limitations for old tax violations (before 2006) to the Independent Authority for Public Revenue.
Owners leasing their properties via short-term rental platforms such as Airbnb and HomeAway will have their earnings taxed at the same rates as regular rental incomes.
Greece’s return to the markets on Tuesday constituted a positive sign, but if reforms are not continued and the third bailout review is not swiftly concluded the country risks sliding back into recession, with social tension and more problems in obtaining financing from the markets, the economists of the Parliamentary Budget Office warned on Wednesday.
After slipping off sellers’ radar in recent days, banks were back at the forefront on Wednesday as local stocks headed south in the strongest sign to date that investors are simply not convinced that the Greek economy is set to stage a full recovery.
Prime Minister Alexis Tsipras defended his government’s record while striking an ambivalent stance vis-a-vis an ongoing clash between his administration and the Greek judiciary in a wide-ranging interview aired by Alpha TV on Wednesday.
The government came under fire from the political opposition Wednesday after members of the Rouvikonas anti-establishment group breached security on the perimeter of Greece’s Parliament building and entered the courtyard, the second such incident in as many years.
The Foreign Ministry criticized Albania Wednesday over the demolition of properties belonging to members of the Greek minority in the southern region of Himara, declaring that the violation of European principles by a country aiming to join the EU “means that, in reality, this country does not want its European course.”
Eight firefighters Wednesday were battling a fire that broke out in the area of Ierapetra on Crete, with the assistance of three vehicles and several dozen volunteers.