EMBCA Presents Doing Business in Greece Webinar

December 30, 2020

NEW YORK – EMBCA’s (Eastern Mediterranean Business Culture Alliance) Doing Business in Greece Panel Discussion Webinar takes place on Sunday, January 10, 2 PM EST (11 AM PST/ 9 PM Athens EEST). The distinguished panel, in formation, will include Managing Director of AXIA Ventures Antonios Achilleoudis, Co-Chair of EarthFund Global Alysia Helming, Chief Executive Officer of Enterprise Greece George Filiopoulos, and Michael Politopoulos- President Cymer Chemicals Inc., and Macedonia Thrace Brewery.

EMBCA Founder and President Lou Katsos said, “As we head towards a post-COVID world doing business in Greece has become easier today than a decade ago when the economic crisis began. More state services have come online, investment incentives are kicking in, and reforms are boosting the labor market.”

He continued, “Hellenic regulations have been cut significantly and continuing in that direction, with costs and taxes slashed and procedures streamlined, making starting a business faster, simpler, and less costly to set up.”

“Reflecting palpable confidence in news out of Greece, Foreign Direct Investment (FDI) has picked up for the third year in a row,” Katsos pointed out, adding that “furthermore, the government has outlined a non-domiciled regime and lump-sum taxation for individuals residing, for tax purposes, outside of Greece for the last seven out of eight years, that is applicable under certain conditions.”

“The Hellenic Republic has also ushered in a new reduced tax bracket for personal income applicable as of January 1, 2020 and new legislation is being proposed that will offer low tax rates for EU retirees and hopefully soon U.S. retirees,” he noted.

“The benefits of doing business in Greece include its high quality logistics and communications infrastructure; its highly educated, skilled and talented workforce; a strong entrepreneurial tradition; and relatively lower cost of labor,” Katsos said, noting that “in addition but not finally Hellas is a very desirable location to live and work with easy access from around the globe, has a high standard of living, with an important Diaspora and a great brand name.”

“As we head towards the 200th Anniversary of Hellenic Independence it is the hope that this panel discussion with experts and successful business people in the field will help demystify the process of ‘Doing Business in Greece’ as the Hellenic Republic heads to potentially becoming a regional and Global Hub for Doing Business,” Katsos said.

More information is available online: https://embca.com/.


DELMAR, NY – Troy, NY Chapter 306, Schenectady, NY Chapter 125, and Albany, NY Chapter 140 jointly held their 5th Annual The Eleftheria Capital Region AHEPA Golf Outing on June 12 at Normanside Country Club in Delmar, NY.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Alberto, Season’s First Named Tropical Storm, Dumps Rain on Texas and Mexico, Which Reports 3 Deaths

TAMPICO, Mexico (AP) — Tropical Storm Alberto rumbled toward northeast Mexico early Thursday as the first named storm of the season, carrying heavy rains that left three people dead but also brought hope to a region suffering under a prolonged, severe drought.

ATHENS – After five years of systematic research, documenting and collecting stories from all over Greece, Istorima, the largest-scale collection of oral history in the country, continues its activity and is enriched with a renewed website with updated series and collections.

For centuries, ancient artifacts, art, and relics have been a topic of ownership, provenance, and morality debates.

LESVOS – The 2nd International ELIA Lesvos Confest (an olive conference and festival) took place at the Vrana Olive Press Museum on the island of Lesvos in Greece May 23-26.

NEW YORK – Pancyprian Association of America issued a statement mourning the passing of Constantine Iordanou, the businessman and philanthropist who was also a founding member of the Association.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.