Stricter controls and fines for cross-border activities in Cyprus
The Cyprus Securities and Exchange Commission (CySEC) is introducing additional controls for cross-border services, and announced that investor protection will be strengthened.
Greece is eurozone’s VAT leader
Greece is one of the top five countries in the Organization for Economic Cooperation and Development (OECD) in value-added tax charges and the first in the eurozone, together with Finland.
Greek quest to save on energy bills spurs island-owned renewables
Even with his 35-room beach-front hotel on the Greek island of Tilos close to fully booked, owner Michalis Kipraios worries his business might not “survive” sky-rocketing electricity bills, as the war in Ukraine drives up energy prices around the world.
Old Greek grape varieties making strong comeback
A silent wine revolution has been taking place in Greece in recent years as old native grape varieties, which for decades were supplanted by the fashion and convenience of French varieties, are now being cultivated again.
Firebreaks halt blaze on Lesvos, homes saved
Fire Service and municipal crews dug firebreaks outside evacuated villages on the Greek island of Lesvos early Monday halting a wildfire that had threatened scores of homes, authorities said.
New law seeks to purge unis of ‘eternal students’
Universities will expel students if they exceed the set period of time necessary to complete their degree by two or three years, depending on the respective governing board, according to a law passed by the Education Ministry last week.
Bracing for the tough winter ahead
For the first winter in many decades the citizens of Greece and the rest of Europe will not be able to take electricity and natural gas for granted this year.
North Macedonia: Police find 86 migrants, arrest truck driver
Police in North Macedonia have found 86 migrants, including minors, crammed into a truck with an attached trailer in the southern part of the country and arrested the truck driver.
Metro SA reaps awards
Aristotelis Panteliadis, president and CEO of Metro SA, was awarded the Retail Manager of the Year award at the 20th anniversary of the Retail Business Awards this month.
Short-term rentals booming
The short-term rental sector in Greece is recovering at the fastest rate on a pan-European level, following the general course of tourism this year.