Unemployment Drops to 16.9 Percent in Greece, Lowest Point Since 2011

According to a new report that the Greece Statistical Authority ELSTAT announced on Thursday, unemployment in the country fell to 16.9…


Capital Controls to Be Lifted by the End of September, 2019

The Bank of Greece and the Greek government are ready to completely lift capital controls in Greece, media reports suggested on Thursday.…


Greece Is the Good News Story in Europe

ATHENS — If you’re looking for an optimistic story in Europe, try Greece. Yes, you read that right. Having lost a quarter of its economy in…


New Greek government bill will cut ENFIA property tax by more than 20%

ATHENS – Keeping his vow, new Prime Minister and New Democracy leader Kyriakos Mitsotakis’ government is planning to cut the hated ENFIA…


Greece hails success of 7-year bond issue

Greece's first post-election bond issue fetched 2.5 billion euros on Tuesday, securing a yield of 1.9 percent and a strong interest by…


New Greek government to cut ENFIA property tax 30% within two years

ATHENS – Capitalizing on the former ruling Radical Left SYRIZA’s failure to abolish the hated ENFIA property tax surcharge – instead of…


Greece to Cut Controversial Property Tax by 30 Percent Over Two Years

The new Greek government will introduce new legislation before Parliament by the end of July which would reduce the Single Property Tax…


Europe’s Former Pariah Could Be Headed for New Era: Taking Stock

The elections “will usher in a new era for Greece, and after a decade of distress, Mitsotakis will catapult the country toward full…


Israeli fund buys real estate in Athens

A powerful "player" of the domestic real estate market has evolved into the Israeli interests of Zoia Fund by Mr. Ruben Shagy as he…


Greek prime office prices up 7.0% last year

ATHENS, June 6 (Reuters) - Greek prime office prices rose 7% last year compared to 2017 as the national economic recovery gained pace, the…