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The Wealthiest Greek-Australians for 2019 Revealed

The Financial Review magazine of Australia published recently its list for the wealthiest Australians for 2019, and it includes many prominent members of the Greek community of the nation. Tobias Pearce and Kayla Itsines with a net worth of $486...

Reports Say Greek Banks to Axe Up to 4,000 Jobs in 2019

Greek banks are expected to cut up to 4,000 positions during the year 2019, various outlets in the Greek media reported on Monday. Most of the reductions, as has happened in the past, are not expected to come through outright...

Greek Vineyards to Be Open to the Public for Free Tours May 18-19

Greece's Unions of wine-makers plan to open the doors of their vineyards to the public during the weekend of May 18-19. Under the ''Open Doors'' initiative, scores of vineyards across the country will welcome travelers, tourists and oenophiles who will have...

Greek Unemployment Down 2.1 Percent in February of 2019 Compared to Year Prior

The Greek Statistical Authority (ELSTAT) issued a report on Thursday which shows that unemployment in Greece fell from 20.6 percent in February of 2018 to 18.5 percent in February of 2019. The unemployment rate also recorded a small decline on a...

Greek Authorities Revoke License for Tall Building Near Acropolis

The Greek Ministry of Culture revoked the license for the construction of a new, multi-level building which had been planned for Athens' Koukaki neighborhood on Monday. The tall building would have been in the shade of the holy rock...

Bureaucracy Limiting Number of Luxury Yachts Visiting Greece, Experts Warn

Professionals from businesses in Greece which work with foreign yacht-leasing companies, as well as owners of ultraluxury yachts, claim that Greek bureaucratic madness is forcing them to avoid the Greek seas every year. According to a report in Greece's Kathimerini daily on...

Remote Work in Greece Lags Behind Other EU Countries

A new report published by the Hellenic Federation of Enterprises (SEV) on Friday suggests that only five percent of Greece's workforce works from home as part of their regular employment. This figure puts Greece in eighteenth place among the twenty-eight member...

Greek Construction Companies Conquer the German Market

Over the last several years, Greek construction companies have steadily, and significantly, increased their share of the market in the construction sector in Germany. When the financial crisis hit the country of Greece hard in the early 2010s, most of the...

Archaeological Council Approves Environmental Study for ''The Hellinikon Project''

The Central Archaeological Council of Greece (KAS) gave a green light on Wednesday to the environmental study for the project formally called the "Implementation of the Integrated Development Plan of the Metropolitan Pole of Elliniko - Agios Kosmas." The plan,...

Airbnb Investments Revive Athens' Historic Neighborhood of Psyrri

Psyrri, a popular downtown neighborhood of Athens at one time, is becoming the center of Airbnb-related business once again, as three more major investments have been announced over the last few weeks. Psyrri became one of the hotspots of nightlife...