Tourism generates €30.2 bln
The direct contribution of tourism to the Greek economy in 2024 is estimated at 30.2 billion euros.
Lion of Amphipolis returning to past glory
The Central Archaeological Council has approved the restoration of the Lion of Amphipolis, a monumental sculpture that was believed to have originally stood atop the Kasta Tomb in Serres, northern Greece.
Manhunt launched for baby snatcher
Police investigators in Athens are looking for a man who is believed to have snatched an infant that was later found abandoned beside a recycling dumpster in the seaside suburb of Alimos, on Wednesday.
Fund misallocation a thorn in the economy
The misallocation of resources has cost the Greek economy dearly, as the International Monetary Fund emphasizes in a new report, even speaking of significant missed opportunities.
‘Made in Greece’ in shipbuilding
Development Minister Takis Theodorikakos on Wednesday said that “made in Greece” must become the “ultimate success story” of the shipbuilding and ship repair industry, while addressing the anniversary event “700 Ships – A Vision,” organized by ONEX at the Elefsis Shipyards.
Pierrakakis announces investment clawback extension till 2030
National Economy and Finance Minister Kyriakos Pierrakakis has announced the extension of the investment clawback until 2030.
Slow justice hampers growth
An International Monetary Fund report puts the Greek judicial system in the dock, as, despite the reforms carried out in the country – some forced as bailout obligations, others by choice – it is still extremely slow, not at all modern, acting as a brake on development and attracting investment.
Cyprus hails new EU envoy
Cypriot President Nikos Christodoulides welcomed the appointment of Johannes Hahn as the European Union’s special envoy for the Cyprus issue.
Tourism most resilient business sector, says Tzitzikostas
Speaking at the 13th Regional Growth Conference (RGC) in Patra, European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas highlighted tourism as the most resilient sector of business activity in Greece.
Opposition decries new law easing involvement of politicians’ relatives in foreign-based firms
Α late-night amendment easing restrictions on the participation of politicians’ relatives in foreign-based companies triggered sharp opposition in Parliament before its passage.