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COVID-19 economics

Airlines Expect Volatility Because of the Omicron COVID Mutations

Fitch Ratings has revised private forecasts of the global passenger traffic for the 2021 and 2022 on account of the…

The Deadly Pandemic Game Greece Is Losing

Greece health experts say a fourth wave of COVID-19 is on the horizon, but Greek leadership maintains course to bolster…

Israeli & Greek Leaders Sign Tourism Deal

Israel and Greece have reached an agreement to clear the way for vaccinated tourists to travel between their Mediterranean nations.

The WTTC Reports On the Future of Travel & Tourism Post-COVID

The World Travel & Tourism Council [WTTC] has just released a new report that examines the implications of trends for…

COVID-19 Second Wave Nixes Predicted Economic Rebound

As the ECDC predicts a rising COVID-19 curve, Europe economies stand poised to suffer double-dip recession.

Greece’s Mitsotakis Pleads for Citizen Vigilance to Combat COVID-19

Greek Prime Minister Kyriakos Mitsotakis is pleading with Greek citizens to be vigilant and to respect COVID-19 safety measures to…

UNWTO Launches a Covid-19 Technical Assistance Package for Recovery

The UNWTO has released a Tourism Recovery Technical Assistance Package that offers guidance to the Member States in response to…

Fraport Group Becomes Poster Boy of “No Good” Pandemic News

News from Fraport Group's reveals the latest industry wounds from the coronavirus pandemic. The Germany company is digging a deep…

Greek Tourism Businesses Offer 18-month Vouchers Instead of Refunds

The Greek Tourism Ministry backs tourism enterprises on offering vouchers in leu of refunds in the wake of the COVID-19…

COVID-19: EU Approves €2bn Greek Business Support Measures

The European Commission has approved a €2 billion-euro aid package to help Greece weather the economic effects of the coronavirus…

Will the COVID-19 Outbreak Reset the Airline Industry?

Flybe, Europe's biggest regional airline has folded because of COVID-19. How many more transportation and tourism related business will fail?