The 12 Coolest Neighborhoods Around the World

This district is another favorite of Culinary Backstreets. Their Athens correspondent wrote, “Just a ten-minute walk from Athens’ buzzing historic center, the laidback Keramikos neighborhood seems to live in a magical world of its own,” writes their correspondent. “It’s a place where old and new, Greece’s storied past and often turbulent present, tradition and forward-looking creativity all coexist happily together. At the weekly street market, the neighborhood comes alive in a riot of sights, smells and flavors…. In recent years Keramikos’s low rents and old-time feel have lured creative young Athenians to the area, where they have opened inventive restaurants, bars and cafés along with galleries and theaters. Joining Keramikos’s rich trove of existing old-school establishments, these new spots have helped create one of the Athens’ most exciting dining and cultural scenes.

 


Demand for Athens properties grows due to Airbnb - prices up first time since 2008

Apart from the housing market in downtown Athens, it seems US villa rental platform Airbnb is also impacting properties used for professional purposes in the city's centre, as demand for old office buildings grows.


Mubadala Partners with Greece’s Taneo on €400M Co-Investment Platform

Abu Dabi-based Mubadala Investment Company has signed a memorandum of understanding (MoU) with the New Economy Development Fund S.A.(TANEO), Greece government’s venture capital-focused fund-of-funds to form a €400 million co-investment platform.


EXARCHEIA: The Athens neighborhood that’s gone from riot’s to art galleries

Exarcheia used to be a no-go area, but now it's the place to be in Athens, says Anastasia Miari Bathed in spring sunlight, sipping on iced coffee and surrounded by young people playing backgammon, this hardly feels like anarchist central. Yet many Greeks still steer clear of Exarcheia, widely known for its politicised riots and molotov cocktail-throwing far left gangs.


Fitch upgrades Greece by one notch to 'B'

Feb 16 (Reuters) - Fitch Ratings raised Greece's sovereign credit rating by one notch on Friday and said general government debt sustainability would improve on sustained economic growth and reduced political risks. The ratings agency upgraded Greece's long-term foreign-currency issuer default rating to 'B' from 'B-' and kept its outlook positive.


Greece Real Estate Attracting Foreign Capital Inflows

Foreign investors injected the Greek economy with 503 million euros in capital in 2017 for the purchase of property, according to Bank of Greece data, marking an 86.5 percent increase compared to 2016, the highest in the last decade. The impressive rise demonstrates that demand for housing and other real estate by foreign buyers has picked up returning to pre-crisis levels.


Elon Musk to open Tesla R&D plant in Greece

Billionaire entrepreneur’s electric car company to set up engineering facility in Athens, Elon Musk may have plans to colonise Mars but back on planet Earth he is extending his reach to Athens, by opening an engineering facility called Tesla Greece.


Greece Needs More Investment to Have Any Hope of Attracting More Tourists

Most of all, if Greece wants to attract more tourists, it needs to lower its 13 percent sales tax, and its 24 percent tax at restaurants to be more in line with European standards.


Demand for Athens properties grows due to Airbnb - prices up first time since 2008

Apart from the housing market in downtown Athens, it seems US villa rental platform Airbnb is also impacting properties used for professional purposes in the city's centre, as demand for old office buildings grows.