foreign investors

Both foreign and domestic investors are seizing the moment, ushering in a wave of significant deals across various sectors like banking, technology, food, energy, logistics, and hospitality.

Greece has consistently been seen as complex, particularly in accounting and taxation, but procedures related to human resources and payroll have become even more complicated in 2024.

The US hotel company already cooperates with 13 hotels in Greece and new agreements are in the pipeline

"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said

However, concerns arise as milestones now involve not only reforms and legislation but also project assignments, highlighting the government's lack of readiness in many cases

A new regulation, set to be tabled in parliament in the coming period, foresees an increase in the minimum golden visa outlay for certain areas at 800,000 euros

In response to a tabled question in Parliament on a housing shortage in some areas, primarily greater Athens, the PM also cited prospect of banning 'Golden Visa' properties from AirBnB-type exploitation

Berenberg, the oldest German bank, identifies Greece and Portugal as key players in the eurozone's narrative this year, alongside Spain to a lesser extent

According to a recent survey, Israelis are the top buyers, followed by Chinese nationals and Germans

As emphasized by Tsigaras the Bulgarians are the big spenders with investors from Israel seeking to purchase lower priced properties with aim to renovate and sell at a higher price making a lucrative profit.