Changes to the specifications for "Airbnb" properties. When will the new regulations come into effect?

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20.01.2025

The bill from the Ministry of Tourism, which introduces significant changes to the specifications that properties rented for short-term leases must meet, was approved by the plenary of the parliament.

Decrease in the current account deficit in November 2024

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20.01.2025

In November 2024, the current account deficit declined slightly year-on-year, due to an improvement of the services balance and the primary income account, which was almost fully offset by a deterioration of the balance of goods and, to a lesser extent, of the secondary income account.

Restoration work at the Athinogenis Mansion is advancing steadily

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20.01.2025

Work is in full progress at the Athinogenes Mansion, the iconic building located at 50 Stadiou Street.

Turkey ranks among the top 5 European countries for renewable energy

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20.01.2025

Turkey is ranked among the top five countries in Europe for installed renewable energy capacity and, according to the country's Minister of Energy, it holds the 11th position globally.

Tender for the restoration of the surrounding area at OAKA

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20.01.2025

The Project Preparation Facility (PPF) of the Hellenic Republic Asset Development Fund (HRADF)/Growthfund has announced the launch of the tender for the restoration and upgrade of the surrounding area and perimeter fence of the Olympic Athletic Center of Athens (OAKA).

Mario Draghi to Open MIPIM 2025

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20.01.2025

The former President of the European Central Bank and Italian Prime Minister, Dr. Mario Draghi, will open the proceedings of the MIPIM 2025 real estate exhibition.

Airbnb cracks down on profiteering hosts

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17.01.2025

Airbnb does not allow hosts in Los Angeles to increase their prices by more than 10% compared to the levels before the fires that broke out on January 7, the company announced on Wednesday.

The Semeli Estate of the Salla family acquired by Georgiadis brothers (Premia Properties)

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17.01.2025

The Semeli Estate (Salla family), one of the most important Greek wineries, is being acquired by Greek Wineries, owned by the Georgiadis brothers, major shareholders of Premia Properties.

Agreement for 200 natural gas-powered buses

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17.01.2025

An amendment contract for the supply of 200 natural gas-powered, 12-meter buses was signed with the company "Menarini S.p.A." (formerly Industria Italiana Autobus S.P.A.) by the Minister of Infrastructure and Transport, Christos Staikouras, as part of the renewal of the Athens urban transport fleet.

Major overhaul of short-term rentals with the new law

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17.01.2025

Industrial spaces, offices, warehouses, and basements that are not primary residences, nor have been legalized under any of the laws related to unauthorized construction, make up 20% of the 10,000 properties in Athens and 40% of the approximately 3,500 properties in the greater Thessaloniki area currently available through short-term rental platforms.

The retail sector proves ability to adapt and evolve in changing macroeconomic conditions

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17.01.2025

Milan’s Via Montenapoleone overtook New York City’s Fifth Avenue as the world’s most expensive retail destination.

Hellenic Chamber of Hotels: Positive signs for the upcoming tourist season

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16.01.2025

Positive signs are emerging for the upcoming tourist season, according to the President of the Hellenic Chamber of Hotels, Alexandros Vasilikos, who spoke yesterday at an informative event marking the 90th anniversary of the establishment and operation of the Hellenic Chamber of Hotels (ΞΕΕ).

WATT undertakes waste management project in the Municipality of Nafpaktia

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16.01.2025

The WATT Group, a leader in the market for integrated circular economy solutions and the development of industrial and environmental projects, is undertaking the design, construction, and operation of an Integrated Waste Management Facility (I.W.M.F.) for the Municipality of Nafpaktia.

Second consecutive year of economic contraction for Germany

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16.01.2025

The largest economy in Europe contracted for the second consecutive year in 2024, according to data released on Wednesday by the Federal Statistical Office.

Maritime Innovation Center in Greece by Skaramangas Shipyards

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16.01.2025

Skaramangas Shipyards are moving forward with the development of a maritime innovation center in Greece. A related agreement was signed yesterday, Wednesday, January 15, at the shipyards between the management and the British advanced maritime technology company Sub Sea, in the presence of the British Ambassador to Greece, Matthew Lodge.