Greece
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Foreign Investment

Apartment Prices in Greece Skyrocket

Apartment prices in Greece have skyrocketed, estimated that in the second quarter of 2021 nominal prices increased by an average 4.6 percent

Village in Sicily Sells Houses for Two Euros Each

A village in Sicily, Italy named Sambuca di Sicilia has put some local abandoned houses up for sale for only two euros each. 

Capital Link Webinar on Greece and Foreign Investment

  Capital Link is organizing a webinar on Tuesday which will showcase the need for boosting Foreign Direct Investment (FDI), as the coronavirus pandemic threatens to drag both the global and Greek economy to a new, deeper recession. The Webinar titled...

Latest Figures Show Huge Increase in Foreign Capital Buying Properties in Greece

According to the latest data published by the Bank of Greece on Wednesday, the foreign capital flowing into the country to buy properties in January 2019 showed a staggering increase of 155.7 percent over the same month in 2018. This...

Tourist Investment in Crete Approved by the Greek Government

A foreign investment worth €408 million planned for Aghios Nikolaos in the island of Crete has been approved by the Greek government. The project, known as “Elounda Hills” by the Mirum Hellas consortium, has been evaluated and recommended by the...

Greek IT Startups Draw Increasing Foreign Investment

With young business people and entrepreneurs complaining they are being stifled by the Greek government's taxation policies, some 200 million euros ($235.04 million) was invested in Greece-based start-ups between 2010 and 2016. Most of the investment was funneled into start-ups...

Foreign Interest Drives Up Prices of Luxury Villas on Greek Islands

The prices of luxury holiday villas on popular Greek islands can be six times higher than on other property on the same islands, a new study done by property valuation firm Geotaxis reveals. The prices are thought to be driven...

Elliniko: An Important Project for the Greek Economy and Environment

The Elliniko project is the largest urban renewal project to have ever taken place in Greece. It is expected to bring forth a great change that will benefit the locals for many generations to come. Furthermore, it will directly...

Lawyers’ Strike Ends, Backlogged Cases Could Take 10 Years to Process

The lawyers' strike is starting to wind down and looking towards June 17 to restart processing pending cases. The six month strike has dealt the justice system a daunting task, with the total number of pending cases that have been...

Greek Tourism is a Main Investment Target for Foreigners

Greece's tourism sector has become a poll of attraction for foreign investors as half of foreign investments in 2014 were made in tourism and real estate, according to Enterprise Greece member, Constantinos Angelopoulos. Greece retains its comparative advantage and...