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Greek austerity

Thomas Cook and LMEY Investments Eyeball “Healthy” Deals in Greece

2018-11-08 by Phil Butler

News that Thomas Cook Hotel Investments and Swiss hotel development group LMEY Investments, raised €40 million to invest in hotels around the Mediterranean with Greece’s Piraeus Bank bears watching today.

Tags: buyouts, crete, Greece banks, Greece deregulation, Greek austerity, Greek investment, Greek privvatization, investment news, LMEY Investments, Thomas Cook Hotel Investments, toxic assets, Trump, Tsipras, TUI, Wilbur Ross

Airlines Forced to Reschedule Greece Flights Over Strikes

2018-01-15 by Argophilia Travel News

The most recent strike of public transport employees, as well as sailors and doctors, has caused airlines like Russia’s Aeroflot to reschedule or even cancel flights. And another strike of subway workers, bus drivers, tram and trolleybuses, is expected today.

Tags: Aegean Airliines, aeroflot, Greece, Greece austerity, Greece debt, Greek austerity, Greek travel, IMF, strikes

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Featured Stories

Crete seismic risk

Updated Seismic Map Places Crete in the Highest Risk Zone

Cretan farmers mobilization

Pan-Cretan General Assembly Called by Heraklion Livestock Association

Gorge of Patsos Crete hiking season

Crete’s Hiking Season Gets Longer

Crete winter market

Crete’s Hidden Winter Market Boom

wine tasting

Cretan Wineries Gear Up for Gastronomy Tourism

How Public Relations in Hospitality Adapts to AI Technology banner

Your go-to guide for foraging cretan horta

Stories of Interest

Crete for the Five-day Trip

Why Every Greek High School Suddenly Thinks Crete Is Disneyland

2025-11-28 By Mihaela Lica Butler

Students want fun, parents want safety, teachers want survival. Crete delivers all three—plus chaos.

Crete–Attica power link

A Stronger Grid for Crete

2025-11-28 By Kostas Raptis

The Crete–Attica power link promises €5B in savings by 2035, cleaner air, and more stable energy for tourism.

Heraklion driver

A Driver in Heraklion Explains Why the New 30 km/h Limit Will Change Nothing.

2025-11-28 By Manuel Santos

A Heraklion driver explains why the new 30 km/h speed limit is pointless in a city where nobody follows traffic laws.

olive oil contamination

Crete Rushes to Protect Its Olive Oil Before Tourists Notice

2025-11-28 By Victoria Udrea

Crete hosts an online event on mineral oil contamination in olive oil, aiming to protect product quality and the island’s gastronomic tourism in 2026.

Crete-Attica interconnection delay

What Crete’s Delayed Energy Shift Means for Homes, Hotels, and Tourism

2025-11-27 By Kostas Raptis

Crete’s major energy interconnection enters commercial operation in 2026, but oil units must remain active, affecting homes, hotels, and tourism development.

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