The Greece Golden Visa program has become a major driver of foreign investment, with significant increases in applications, particularly from China, Turkey, Lebanon, the UK, and the US. In 2024, a 2.3% rise in applications was recorded, totaling 7,052 in the first ten months, with Chinese nationals leading the charge. Popular property locations for investors include central Athens and the southern suburbs. The program has contributed to Greece's booming real estate market, but it also raises concerns about affordability for locals, as property prices have surged by 69% in recent years, intensifying the housing crisis.
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IPTO, Greece's Independent Power Transmission Operator, has joined the European Network for Cyber Security (ENCS) to enhance its cybersecurity capabilities and contribute to Europe's broader efforts to protect critical infrastructure.
Greek Prime Minister Kyriakos Mitsotakis has dismissed concerns about overtourism, asserting that Greece faces concentrated tourist activity in specific areas during peak months. At a recent conference, he outlined plans to enhance infrastructure and impose fees on cruise passengers to manage tourist flows and encourage visits to less crowded destinations. The government aims to boost tourism revenues and extend the peak season while highlighting the benefits of tourism to local communities. Mitsotakis emphasized that many areas in Greece, including Athens and Thessaloniki, still have significant untapped potential for growth.
NBA superstar Giannis Antetokounmpo was spotted letting loose on the vibrant Greek island of Mykonos Tuesday night, sparking rumors of a pre-wedding celebration. Local news outlet Mykonos Live TV captured the "Greek Freak" enjoying the company of friends and family as they strolled through the charming Matogianni Street, a popular destination in Mykonos town.
The President of North Macedonia, Gordana Siljanovska, claimed that her country has largely fulfilled its…
A fire alarm was raised on Tuesday afternoon for a large fire in Glyka Nera,…
Vertis' Performances Cancelled Due to Health Issues
ATHENS -- According to Fire Brigade officers, three people were injured on Saturday during Greece's…
Turkish Foreign Minister Hakan Fidan threatened to challenge Greece's sovereignty over several Aegean islands, sparking…
"As Prime Minister, as a citizen, but also as a father, I participate in the…
Winter has arrived in the areas around Thessaloniki, as the recent bout of bad weather…
There are six basic principles concerning rapprochement with Turkey, said Greek Foreign Affairs Minister George…
The Maria Callas Museum was inaugurated in the heart of Athens on Wednesday, commemorating the…