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Greece economy

Report Shows Wellness Tourism Could Bring Greece €21.8 Billion Annually

2021-07-29 by Phil Butler

The springs of Kalithea

Greece could glean an additional 21.8 billion euros from elderly, wellness, spa, and medical tourism, a diaNEOsis research finds.

Tags: diaNEOsis, diaNEOsis research, Greece economy, retirees, senior travelers, spa tourism, tourism economy, tourism research, Travel to Greece, wellness tourism

Weekend News Brief: Mixed Signals Prevail in Greece

2021-05-22 by Phil Butler

Greece’s economic experts, health experts, politicians, and business people seem to have different versions of the pandemic situation.

Tags: Bank of Greece, EODY, Greece, Greece Central Bank, Greece economy, Greece pandemic

Greece’s Tourism Gamble Could Be the Biggest Bust in History

2021-05-10 by Phil Butler

Is Greece’s tourism restart about to be the biggest flop in history, or will last-minute bookings rescue the COVID stricken economy?

Tags: Europe tourism, Greece 2.0, Greece economy, Greece tourism, Greece vacation, Greece vaccine rollout, Greek hoteliers, TUI, vaccine schedule

Argo News Brief: COVID, IMF, and This Week’s Tourist Trends

2021-04-08 by Argophilia Travel News

This week travel experts discuss the need for Greece to adapt in the wake of COVID-19, and more news on the economy and summer vacations.

Tags: Bank of Greece, COVID-19 Greece, ETC, European Travel Commission, Greece economy, Greece tourism, Greece vaccine rollout, IMF, newsbriefs, vaccine rollout, vaccines, WTTC

NBG Says Greece’s Tourism Sector to Remain Under Strain in 2021

2021-03-07 by Argophilia Travel News

Santorini taverna

The National Bank of Greece (NBG) says the liquidity gap for Greek businesses will be halved this year with tourism remaining under strain.

Tags: Greece economy, Greece recovery, Greece tourism, Greece travel, Greek hotels, NBG, Visit Greece

Scientists Say Arctic and Eastern Med Hardest Hit by Climate Change

2021-03-01 by Argophilia Travel News

Santorini heat

According to CLIMPACT scientists, Greece may be the hardest hit by climate change effects. Rising temperatures to effect crop yields.

Tags: climate change, CLIMPACT, crete, crop damage, drought, Eastern Mediterranean, Greece crops, Greece economy, hydrology, National Observatory of Athens, Nikos Michalopoulos, Southern Europe, water table

ELSTAT Numbers Reveal Dismal Q2 for Greek Enterprises

2020-09-23 by Delia Gavrilescu

Greece’s accommodation and food services sectors took a huge hit in July, as the effects of the pandemic begin to set in.

Tags: ELSTAT, F&B, food & beverage, Greece economy, Greece hotels, Greek hospitality, hospitality, Hotel rooms, hotel turnover, Summer 2020

PM Mitsotakis Announces New Covid-19 Support Measures

2020-09-14 by Argophilia Travel News

Prime Minister Kyriakos Mitsotakis

Greek Prime Minister Kyriakos Mitsotakis has now put forward twelve new support measures by his administration in support of businesses and workers affected by the coronavirus (Covid-19) crisis.

Tags: COVID relief, Greece economy, Greek Prime Minister, Mitsotakis, Prime Minister Kyriakos Mitsotakis, tourism

Tourism Minister Tells CNN He’s Proud Greece Reopened to Tourists

2020-09-04 by Phil Butler

Greek Tourism Minister Harry Theoharis says he’s proud of tourism season redux. Citizens not so proud with COVID-19 cases rising.

Tags: CNN, COVID-19 cases, Greece economy, Greece travel, Greek pandemic response, Greek Vacation 2020, Harry Theocharis, Harry Theoharis, Kethimerini, Politico, Richard Quest, tour operators, tourism industry, tourism minister, TUI, Visit Greece

Moody’s Says Greece Can Weather Prolonged Tourism Slump

2020-09-01 by Delia Gavrilescu

Eleftherias Square

According to Moody’s, most European sovereigns, including Greece, can weather a prolonged tourism slump.

Tags: ANA, COVID economies, economic stress, EU economies, Greece economy, Greece tourism, pandemic

Hellenic Statistical Authority Reveals Q2 COVID-19 Hospitality Catastrophe

2020-08-19 by Phil Butler

25th August Street

Greece’s accommodation services providers will be devastated by the economic impacts of the coronavirus pandemic.

Tags: Crete hotels, ELSTAT, Greece economy, Greece GDP, Greece tourism, Greek hotels, pandemic effects

Few Still Hold Out Home for Rescuing Greece Tourism in 2020

2020-07-30 by Phil Butler

25th August Street

The Greeks had high hopes that somehow officials and good luck would help rescue the 2020 tourism season. But, it isn’t happening so far.

Tags: GBR, GBR hospitality consulting, Greece 2020, Greece economy, Greece hotels, Greece resorts, Greece visits, Greek vacations, STR, Vacation 2020

EC Approves €1.14 Billion in COVID-19 Support Funds for Greece

2020-07-15 by Argophilia Travel News

European Commission

Some 90,000 small and medium-sized businesses in Greece will now be able to access €1.14 billion euros released this week by the European Commission to address the impact of Covid-19.

Tags: EU Funding, Greece, Greece economy, Greek destinations, Greek Islands, Greek tourism news, Greek tourism report, Greek tourism statistics, Greek travel market, Hotels in Greece, pandemic response, Tourism in Greece, Travel to Greece

Greek Officials Announce Accelerated COVID-19 Reboot Schedule

2020-05-17 by Phil Butler

Adonis Georgiadis

From tomorrow malls and shopping centers in Greece will open in the next phase of lifting coronavirus pandemic preventative measures.

Tags: Adonis Georgiadis, Coronavirus 2019, Greece coronavirus, Greece COVID-19, Greece economy, Greece recovery, Greek tourism, reopening Greece

Be Vigilant Greece: The Coronavirus Vultures are Circling

2020-04-28 by Phil Butler

Pyatt

News from the Business Council for International Understanding (BCIU) this week reads like a positive, but Greeks should beware.

Tags: American investors, BCIU, COVID-19, Geoffrey Pyatt, Greece economy, Greece property, Greek assets, Greek ports, Greek privatization, Greek properties, privatizing Greece, think tanks

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