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Greece economy

Greece Prepares for Very Bright 2023 Tourism Season

A recent National Bank of Greece study suggests prospects for tourism in 2023 are considered positive based on the preliminary…

Report Shows Wellness Tourism Could Bring Greece €21.8 Billion Annually

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

Weekend News Brief: Mixed Signals Prevail in Greece

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

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

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

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

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

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

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

Scientists Say Arctic and Eastern Med Hardest Hit by Climate Change

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

ELSTAT Numbers Reveal Dismal Q2 for Greek Enterprises

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

PM Mitsotakis Announces New Covid-19 Support Measures

Greek Prime Minister Kyriakos Mitsotakis has now put forward twelve new support measures by his administration in support of businesses…

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

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

Moody’s Says Greece Can Weather Prolonged Tourism Slump

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

Hellenic Statistical Authority Reveals Q2 COVID-19 Hospitality Catastrophe

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

Few Still Hold Out Home for Rescuing Greece Tourism in 2020

The Greeks had high hopes that somehow officials and good luck would help rescue the 2020 tourism season. But, it…

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

Some 90,000 small and medium-sized businesses in Greece will now be able to access €1.14 billion euros released this week…

Greek Officials Announce Accelerated COVID-19 Reboot Schedule

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

Be Vigilant Greece: The Coronavirus Vultures are Circling

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

Greece Heads Into Post-Coronavirus Land With Zero Deaths News

Greece's leadership is expected to lift of many of the restrictions put in place to stem the spread of the…

Will the Coronavirus Pandemic End the EU Experiment?

The European Union urgently needs financial injections to deal with this crisis, but there's an even greater need for solidarity.

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…

Greece 2020 Tourism to Take a Hit from COVID-19 and Refugees

With the 2020 tourism season looming just ahead, Greece faces several serious challenges that could end up stifling industry growth.