Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers) in Cyprus, the island’s ministries of Finance and of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate.
Criminal charges have been brought against 59-year-old Greek businessman Nikolaos Bogonikolos, whom the US authorities accuse of conspiracy/fraud and smuggling.
Car sales grew 1.9% in April, totaling 18,343 (new and used) from 17,994 in April 2002, the Hellenic Statistical Authority said.
The Independent Power Transmission Operator (ADMIE) and Telecom Egypt are examining new international telecommunications infrastructure projects that will increase interconnectivity between Greece and Egypt.
The dynamic growth of Greek tourism, driven in recent years by luxury resorts and five-star city hotels, is now spreading to smaller hotel units as well.
From the depths of the financial crisis last decade, Greece’s economy is now one of the fastest-growing ones in Europe’s common-currency zone.
Foreign Minister Nikos Dendias reiterated on Wednesday that the newly elected ethnic Greek mayor of Himare in Albania, Fredi Beleris, must be released and that he does not understand the continuation of his detention.
Wednesday’s narrow session at the Athens stock market saw the benchmark come off Tuesday’s 104-month high and after negligible fluctuation it closed with a small drop, though the losing stocks outnumbered those that notched up gains.
First, there was talk of a minority government, then a tolerance government, and now the idea of a special purpose government has emerged.
The start of the summer and expectations of a very busy tourism season boosted hirings over the last couple of months, while the absolute protagonists are the tourism and catering sectors,