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State property piracy unveiled

A few months ago, the management of the Hellenic Public Properties Company (ETAD) entrusted an employee with the supervision of its short-term leases sector, i.e. the rental of properties in its portfolio for short periods, as in the case of stadiums, events venues and other such assets.

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14.07.2024 / 19:23

Greece ranks first in tourism spending growth

Greece has climbed one place in European tourists’ preference and now ranks fourth for the 75% of citizens in the Old Continent who wish to travel in the coming months – up 6 percentage points from last year.

12.07.2024 / 13:23

Big changes for state-owned companies

With a bill put to public consultation, the Ministry of Economy and Finance has moved forward with the radical restructuring of the Superfund or Growthfund. 

09.07.2024 / 08:22

Santorini gasping from overbuilding

The popular island of Santorini, which is already a globally negative example of an oversaturated destination, is being gradually covered by buildings, making an already difficult situation untenable.

01.07.2024 / 02:51

Attica Group’s big ferry splash

Attica Group announced on Friday its agreement with the Stena shipping company and China Merchants Jinling Shipyard.

30.06.2024 / 09:15

The tourism boom and its consequences

Very few Greeks doubt the importance of tourism for the country’s economy. As numbers skyrocket, however, they are becoming increasingly alarmed about the impact all this is having on the environment and on the identity of the destinations.

27.06.2024 / 21:59

Attica hotel rates keep rising

The growth in room prices in Athens and the region of Attica is continuing, while the occupancy rates of hotels of all categories are also expanding, according to January-May 2024 data.

26.06.2024 / 20:59

Short-term rentals still rising

Despite the mainly fiscal measures the government imposed last fall, the supply of short-term rentals continues to soar.

19.06.2024 / 22:43

State starts investment fund

Greece is establishing its own National Investment Fund and will hand it a launch gift of 300 million euros.

18.06.2024 / 22:45

State asset strategy overhaul

The Greek government and the European institutions responsible for banking supervision and financial stability co-shape the provisions for the reforms promoted by the Ministry of National Economy and Finance in the Superfund, the Hellenic Financial Stability Fund (HFSF) and the state asset utilization fund (TAIPED).

14.06.2024 / 12:24

Five priorities for tourism

Infrastructure, destination management, investment and competitiveness, employment, and sustainability are the five central priorities for the Greek Tourism Confederation (SETE).

13.06.2024 / 10:13

Few women appointed to corporate boards

Although the large listed companies have complied with the new legal and regulatory corporate governance provisions on the number of independent members on the boards of directors and the minimum 25% participation of women in them, the substantial change in mentality seems to still be taking time.

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