INVESTMENTS


US incentives luring Greek industries
ECONOMY

The generous incentives provided in the US Inflation Reduction Act (IRA) is not lost on extroverted Greek businesses. Following the lead of other large European industrial companies, Cenergy Holdings and cement manufacturer Titan are giving their own “vote of confidence” to the US as an investment destination and the Biden administration’s $369 billion financial package to support the green transition, from which they will be supported with a total of more than $100 million.


PM meets pharma heads and unionists
ECONOMY

 Prime Minister Kyriakos Mitsotakis hosted on Wednesday the heads of companies and unions that are members of the International Federation of Pharmaceutical Manufacturers and Traders (IFPMA).


Golden Visa turns 10 – and what a decade it’s been
IN DEPTH

It was a networking lunch at a modern taverna in the downtown Athens district of Kolonos, bringing together a building contractor, two buyers, an architect, a journalist and an intermediary, from Lebanon, Syria and Sweden, while also including two Greeks.

Greece tightens Golden Visa rules
ECONOMY

The Finance Ministry presented on Thursday changes to the Golden Visa program increasing the minimum amount a third national needs to invest and secure the residence permit, in an effort to tackle the country’s housing crisis. 



Extra rules for Golden Visa
PROPERTY

The government is finalizing its changes to the Golden Visa program, which will now be addressed to a significantly smaller number of investors. Kathimerini understands there will be several and significant changes.

Move to expedite top court rulings
NEWS

Delays in the administration of justice by the Council of State, the country’s highest administrative court, is usually the rule rather than the exception, as there are currently 11,000 cases pending.


Non-traditional dwellings proliferate on Sifnos
IN DEPTH

Nestled amidst holiday homes and tourist accommodations stands an architectural gem – a traditional “themonia,” as the locals affectionately call it. This quaint farmhouse, crafted from whitewashed stone, stands in accordance with the materials available in the region.