Includes information on business customs, travel advisory, visa requirements, acceptable business etiquette, dress, business cards, gifts, etc.
Last Published: 6/17/2019

Business Customs

In Greece, business-related customs, etiquette and dress are similar to those in the United States and other Western European countries.  A handshake is the customary business greeting for both men and women, and business cards are usually exchanged in the initial meeting.  An exchange of gifts is not customary in Greece, unless you have already established a business relationship. During the Christmas and New Year’s holidays, an exchange of greeting cards and/or gifts is common.
 
American business persons should note that personal contact is very important in Greece and a personal business presence in Greece is often essential.  If one is doing business in rural areas or the islands, it is best to ask the advice of a business person familiar with the region.
 

Travel Advisory

Current travel advisory information is available on the Department of State’s website.
 
Strikes and demonstrations are common throughout Greece. They are usually peaceful but can escalate quickly. U.S. travelers are cautioned to avoid these types of gatherings and to register with the U.S. Embassy before their arrival in Greece via the following
https://gr.usembassy.gov/demonstration-alert-u-s-embassy-athens-greece/
 

Visa Requirements

For U.S. citizens, a visa is required for stays in Greece over 90 days or if you are traveling on an official or diplomatic passport.  Passport must be valid for at least three months beyond your planned date of departure from the Schengen area.
 
U.S. Companies that require travel of foreign businesspersons to the United States should be advised that security evaluations are handled via an interagency process. Visa applicants should go to the following links.
 
 

Currency

The unit of currency is the Euro (€). Banknotes come in € 5; € 10; € 20; € 50; € 100; € 200; and € 500.  However, the Central European Bank announced the gradual removal from the market of the € 500 banknotes.  The coins are in € 1 cent, € 2 cent, € 5 cent, € 10 cent, € 20 cent, € 50 cent, € 1, and € 2.  The approximate exchange rate is USD $1.00 = Euro €0.90
 

Telecommunications/Electric

OTE is the primary service provider throughout Greece. Telecommunications to and from Athens are similar to those in any large U.S. city.  Telephone calls to the U.S. may be charged to international telephone cards such as OTE’s Tilekarta.  The country code for Greece is 30.  Public telephones use phone cards, which may be purchased at kiosks.
 
The cellular network throughout Greece is excellent. One needs a tri-band cell phone (GSM) to be able to make calls within Greece, from Greece to the United States and vice-versa.  Many U.S. cell phones do not work in Greece, but GSM cell phones may be rented or purchased.  There are three mobile operators - Cosmote, Vodafone, and WIND - that offer cellular services in Greece.  In addition, facilities for video conferencing are available.
 
Internet use in Greece is steadily growing.  In larger cities, high-speed Internet access is available and an increasing number of businesses have wireless Internet service.  There are Internet Cafés in large cities, and several cafeterias offer wireless Internet service free of charge.
 Business is not conducted over the Internet in Greece to the extent that it is conducted in other countries.  Many SMEs do not have websites.  Web-based publishing is in its infancy.

 Transportation

Air:  The Eleftherios Venizelos International Airport (AIA) is approximately 28 km outside of Athens and is modern and efficient.  Over 75 airlines use AIA. Transportation to and from AIA is excellent.  The airport is easily accessible by auto, taxi, and public transportation, (Metro and bus).  Other ground transportation to AIA is available at major hotels.  In regular traffic, it is about a 30-minute ride from AIA to central Athens by auto or taxi. For more information, please refer to information on access to public transportation. 


Auto:  There are many car rental agencies at the airport and throughout Athens.  Driving in Athens can be difficult due to crowded streets and traffic.  Parking can also be difficult to find.  Road accident death rates in Greece are among the highest in the EU. Main streets and highways throughout Greece are paved, while secondary roads are generally not.  Most roads are two-lane, except the Attiki Odos and parts of the Ethniki Odos, which have four lanes.  The road network is good.


Taxis: Taxis are plentiful throughout Athens.  Taxi drivers are required to use a meter and provide a printed receipt upon request.


Rail:  The Hellenic Railway Organization (HRO) is reliable, but very slow compared to other forms of travel.  Check information regarding passenger transportation services and for on-line booking.


Bus/Tram/Trolley:  These are common and inexpensive means of transportation in larger cities in Greece.  The network, especially in Athens, is extensive, a service is generally good. For more information please visit OASA’s website

Athens Metro:  The Athens Metro is a reliable, safe, and inexpensive transportation method to use within Athens or going to Athens Airport.  Check  information of fares and time schedules, and maps.
 
Ferries:  Ferries are the most common means of transportation to the islands.  Fares vary, and one may take a fast or slow ferry.


Ships:  The largest ports are Piraeus (adjacent to Athens), Thessaloniki, Patras, Chania, and Volos.  Cargo services from the United States are provided by Zim Lines, Maersk Lines, MSC (Mediterranean Shipping Company), Hapag-Lloyd, and CMA CGM.

Language

Greek is the official language spoken.  However, language is not a barrier to conducting business because a high percentage of Greek business people and government officials speak English.
 

Health

Medical facilities are adequate, and some, particularly the private clinics and hospitals in Athens and Thessaloniki, are quite good.  Some private hospitals have affiliations with U.S. facilities, and generally their staff doctors have been trained in the United States or Europe.
 
Public medical clinics, especially on the islands, may lack resources.  Care can be inadequate by U.S. standards, and often, little English is spoken.  Many patients - Greeks and visitors alike - are transferred from the provinces and islands to Athens hospitals for more sophisticated care.  Others may choose to transfer from a public to a private hospital within Athens or Thessaloniki.  U.S. citizens choosing to do so would arrange for an ambulance belonging to the private hospital to transport them from the public hospital to the private one.  The cost of the ambulance for this transfer, as well as all expenses in a private hospital, must be borne by the patient.  Private hospitals will usually demand proof of adequate insurance or cash before admitting a patient.
 
Please ensure that you have an adequate supply of your prescription medications when travelling to Greece as you may not be able to find a local equivalent in the pharmacies
 

Local Time, Business Hours and Holidays

The time in Athens is two hours ahead of Greenwich Mean Time.  Greece is a member of the EU and observes Daylight Savings Time.  Greek business hours vary and the following listing is an approximation of business hours in major urban areas:
 
Private sector office hours are from 8:00 a.m. to 5:00 p.m. (with a one-hour lunch).
Manufacturing establishments operate from 7:00 a.m. to 3:00 p.m., Monday through Friday. Banking hours are 8:00 a.m. to 2:30 p.m., Monday through Thursday, and 8:00 a.m. to 1:30 p.m. on Fridays.  Several of the larger banks (mainly located at Syntagma Square), are open on Saturday mornings. Government hours are from 7:30 a.m. to 4:00 p.m., Monday through Friday.
 
Nevertheless, many businesses, especially small and medium-sized stores, keep more traditional Greek office hours and are generally open from 8:00 a.m. to 2:30 p.m. or 9:00 a.m. to 3:30 p.m. from Monday through Saturday and again, from 5:30 p.m. to 9:00 p.m., Monday to Friday.  Many shops and supermarkets keep late shopping hours on Tuesdays, Thursdays and Fridays from 5:30 p.m. – 9:00 p.m.
 
Holidays:
Greek holidays to take into account when planning a business itinerary:
  
2019
New Year's Day                    January                  1,           2019
Epiphany                             January                  6,           2019
Kathari Deftera                    March                    11,          2019
Independence Day                March                    25,          2019
Good Friday                         April                      26,          2019
Holy Saturday                      April                      27,          2019
Easter Sunday                      April                      28,          2019
Easter Monday                     April                      29,          2019
May Day                              May                        1,           2019
*White Monday,                  June                       17,          2019
Assumption Day                  August                   15,           2019
OXI Day,                             October                 28,           2019
Christmas Eve                     December              24,           2019 (half day holiday)
Christmas Day                     December              25,           2019
Boxing Day                          December              26,          2019
New Year's Eve                   December               31,          2019 (half-day holiday)
 
 
2020
New Year's Day                  January                  1,            2020
Epiphany                           January                  6,            2020
Kathari Deftera                  March                    2,            2020
Independence Day              March                  25,            2020
Good Friday                       April                    17,            2020
Holy Saturday                    April                    18,            2020
Easter Sunday                    April                    19,            2020
Easter Monday                    April                   20,            2020
May Day                             May                      1,            2020
*White Monday,                  June                    8,             2020
Assumption Day                  August                15,            2020
OXI Day,                            October               28,            2020
Christmas Eve                    December            24,            2020 (half day holiday)
Christmas Day                    December            25,           2020
Boxing Day                         December            26,           2020
New Year's Eve                   December            31,           2020 (half-day holiday)
 
* White Monday is not observed by all Greek businesses, but government offices, banks and some businesses will be closed.
 
The Greek business community traditionally observes a long, uninterrupted summer hiatus from mid-July through August.  Gathering even basic business information and arranging appointments are difficult during this period.  U.S. business visitors are advised to avoid Greece for business purposes during the summer, particularly during August.
 
Two other periods in which  U.S. business visitors may have problems gathering basic business information or arranging appointments are the Christmas holidays from December 20 through January 6 and the Easter Holidays, starting with Holy Week and ending the week after Easter.
 

Temporary Entry of Materials or Personal Belongings

If you enter Greece by air and/or sea, items valued at euro €430 or less are duty-free.  The monetary threshold for travelers of all other transport means has decreased to euro €300.  The duty-free amount is reduced to euro €150 for travelers under 15 years of age, regardless of the mode of transportation they are using.  The quantitative limits of tax-exempted tobacco products include as many as 200 cigarettes, or 100 cigarillos, or 50 cigars, or 250 grams of smoking tobacco, or a proportional combination of these different products.  The quantitative limits of tax-exempted alcoholic beverages include four liters of wine, 16 liters of beer, one liter of an alcoholic beverage exceeding 22 percent vol. (i.e., whisky, vodka, etc.), or two liters of an alcoholic beverage not exceeding 22 percent vol. (i.e., sparkling wines, liqueur wines, aperitifs, etc).  Medications for the personal needs of the traveler are also tax-exempt.  One each of the following articles may also be brought in duty-free for the traveler’s personal use, provided that the articles are re-exported upon departure: still and movie cameras, with suitable film; binoculars; portable radios; record players; typewriters; CD players; and, computer lap tops. Check for more information on temporary entry.  
Travelers must obtain special permission from Greek police authorities before bringing firearms and ammunition into the country.  Also travelers are prohibited from bringing flower bulbs, plants, and fresh fruit into Greece.  Foreigners residing permanently in Greece may import used personal effects duty-free.
Foreign currency in any amount may be imported into Greece freely.  However, in accordance to 1889/2005 (L 309/9/25.11.2005) any person entering or leaving the EU and carrying cash of a value equal to or greater than Euro 10,000€ must state this sum to the competent authorities of the Member States.  So, travelers carrying bank notes or personal checks / travelers’ checks exceeding the equivalent of euro €10,000 must make a declaration upon entry at the Greek customs office. Though the export of foreign exchange was liberalized in May 1994, Greek and foreign travelers must declare any amount exceeding the equivalent of euro €2,000 upon departure.
The EU Commission adopted a new legislative framework to balance the need for increased security with protection of fundamental rights and economic freedoms. As EU Commission’s regulations and decisions are automatically binding thought the EU and must be incorporated into national law by EU countries, Greece adopted subject regulation by law 4537/2018. The legislative framework is part of a Commission action plan against terrorist financing, established in 2016 following a spate of terrorist attacks in Europe. For more information regarding fight against money laundering and terrorist financing please refer to Fight Against Money Laundering and  Terrorism Financing.

Travel Related Web Resources

Athens International Airport
Transport for Athens
Urban Rail Transport
Athens Metro & Tram maps
EU Rail
Train OSE
Customs Tax Relief and Facilities
Greek Customs office
European Commission Taxations and Customs Union
 
Council of the European Union:
Action Plan for Strengthening the Fight against Terrorism
Fight Against Money Laundering and  Terrorism Financing

 


 
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