X Industry news

Greece will lift its last remaining capital controls four years after cash restrictions were imposed to safeguard the country’s banking system from the economic crisis.

Smaller Greek shipping companies currently control 62 percent of all coastal transport needs, according to an XRTC Business Consultants report.

Dimitris Fragakis has been appointed as the new Secretary General of the Greek National Tourism Organization (GNTO).

Investments and climate change topped the agenda of talks between Greek Prime Minister Kyriakos Mitsotakis and French President Emmanuel Macron in Paris.

The newly elected Mayor of Athens Kostas Bakoyannis was sworn in on Sunday, August 25, pledging to improve the standard of living for all city residents.

Hard Rock International will invest over 1 billion euros in Athens’ former Hellinikon airport site, if it wins Greece’s tender for an integrated resort and casino license.

Cosco has revised the master plan for the Piraeus Port, which now also includes the construction of a cruise terminal service center with Duty Free Shops.

The European Commission is looking for transnational consortia to provide direct support to SMEs to develop and implement sustainable tourism services and operations.

Brown Hotels, an Israel-based hotel chain, has an investment plan to convert properties in Athens, Greece, into boutique hotels for young travelers.

The Greece – Russia Year of Tourism 2017-2018 did not generate the anticipated results, according to a report by the European Travel Commission (ETC).

For the first half of the year, revenue in Greece from travel receipts grew by 15.3 percent against the same period in 2018, according to the Bank of Greece.

The highly anticipated Hellinikon project in Greece, expected to take the Athenian Riviera to the next level, has received a new approval of the work plan by the Central Archaeological …

Greek hotels this season are seeing overnight stays down by 15 percent on the mainland and 10 percent on the islands, according to the president of the Hellenic Hoteliers Federation, …

While the October 31 Brexit deadline approaches, Brits are becoming increasingly concerned about the potential decline in their passport power, according to Henley & Partners.

The Greek Tourism Ministry is looking to attract visitors back to Samothrace after the island’s problematic ferry service tarnished its image.

Greece enjoyed the highest rate of demand growth from the US, France and the UK during the first months of 2019, according to the ETC’s latest report.

The Northern Crete municipality of Hersonissos has taken a bold step introducing the “Local Passport” granted to repeat visitors or to those wishing to get married there.

The European Commission issued a statement, marking the one-year anniversary of Greece’s exit from a nearly eight-year-long aid program.

Despite the changing banking and purchasing landscape, Greeks are still not opting to make online transactions for their banking needs, a European Central Bank study reveals.

An ongoing dig at the Aidonia site outside Nemea near Corinth, has revealed two chamber tombs dating back to the Late Mycenaean period (1400-1200 BC).