From tomorrow malls and shopping centers in Greece will open in the next phase of lifting coronavirus pandemic preventative measures.
News from the Business Council for International Understanding (BCIU) this week reads like a positive, but Greeks should beware.
Greece’s leadership is expected to lift of many of the restrictions put in place to stem the spread of the coronavirus starting next week.
The European Union urgently needs financial injections to deal with this crisis, but there’s an even greater need for solidarity.
The European Commission has approved a €2 billion-euro aid package to help Greece weather the economic effects of the coronavirus (COVID-19).
With the 2020 tourism season looming just ahead, Greece faces several serious challenges that could end up stifling industry growth.
Greece tourism employment now represents 10.6 percent of all jobs in the country, according to figures from the Bank of Greece and INSETE.
Angela Gerekou’s appointment as the president of the Greek National Tourism Organization (EOT) could boost Greece’s biggest economic sector.
Greek Tourism Minister Haris Theoharis says he sees “business as usual” with Thomas Cook’s CEO Peter Fankhauser.
Growing tourism has spurred Greece’s economy and attracted investor interest in large projects with high-profit potential.
he Greek Tourism Ministry and the Organization for Economic Co-operation and Development (OECD) just announced increased cooperation for developing best practices for optimizing Greece’s booming tourism. But is their focus sustainable for the long term?
Despite the expansion of the Greek tourism sector, the growing inflow of tourists has failed to stimulate trade, according to findings released by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE).
Greece’s travel receipts increased by 34.7 percent for the month of May and by 21.7 percent in the first five months of the year, according to provisional data released by the Bank of Greece (BoG) on Tuesday.
News of the privatization of the Thessaloniki Port arrived late last week via Greece’s liquidation fund. According to the Hellenic Republic Asset Development Fund the sale of its 67% stake in Thessaloniki Port to Deutche Invest Equity Partners, Belterra Investments and CMA CGM’s ports division, Terminal Link has now taken place.
According to the World Economic Forum’s Travel and Tourism Competitiveness Report 2017, Greece is has made a most impressive move to capture 24th place among world destinations.