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Greek economy

Greece Launches Restructure Process – Families Businesses On the Brink

2021-03-08 by Phil Butler

Naxos taverna

Greece is instituting a new restructuring process for businesses in debt. SMEs question the scope of the Athens initiative.

Tags: Giannis Chatzitheodosiou, Greece, Greece COVID-19, Greece recovery, Greek destinations, Greek economy, Greek Islands, Greek tourism news, Greek tourism report, Greek tourism statistics, Greek travel market, Hotels in Greece, POESE, Tourism in Greece, Travel to Greece

Q3 Report Says Greek Hotels Lost Billions to COVID-19 So Far

2020-11-02 by Argophilia Travel News

Porto Palace Hotel Thessaloniki

A new analysis from GBR Consulting reveals that Athens and Thessaloniki hotels lost 79% and 67% of their revenue compared to 2019 numbers.

Tags: Athens hotels, COVID-19 Greece, GBR Consulting, Greece hospitality, Greek economy, Greek hotels, Thessaloniki hotels

30-plus Greek Hotels to Be Auctioned Off in the Coming Weeks

2020-09-16 by Argophilia Travel News

Some 30-plus hotels across Greece are to be auctioned in the next few weeks on acccount of inactivity related to COVID-19.

Tags: bankruptcy filing, COVID-19, Greek economy, Greek hotels, hospitality, hotel industry, hotels

An Ernst & Young Report Reveals a Horrible 2020 Greek Tourism Outlook

2020-06-19 by Phil Butler

Industry Pulse Report: Tourism

An Ernst & Young report estimates that the Greek tourism sector will lose €10 billion euros in 2020 on account of the COVID-19 pandemic.

Tags: 2020 pandemic, COVID-19, Ernst & Young, Greece 2020, Greece economic impact, Greece tourism, Greece travel, Greece trips, Greek economy, Greek island, Greek Isles, Greek tours, pandemic

Greece’s Yaroufakis Warns of Catastrophe Without Decisive EU Moves

2020-04-24 by Phil Butler

Yanis Varoufakis

Yanis Varoufakis, Greece’s former finance minister says his country will be the hardest hit by the economic turmoil.

Tags: Brexit, coronabonds, coronavirus Greece, COVID-19, EU bonds, EU response, Greece austerity, Greek economy, Grexit, IMF, Italy, Italy economy, Matteo Salvini, Spain, Spain economy, Yanis Varoufakis

Greek Tourism Minister Theoharis Addresses Coronavirus Effects

2020-03-05 by Delia Gavrilescu

The Acropolis

The Greek ministries of economy, development, and tourism are looking at measures to support business owners affected by Covid-19 outbreak.

Tags: COVID-19, Greece bookings, Greece tourism, Greek economy, Harry Theoharis, Theoharis, tourism minister, viral outbreak

Greek Hoteliers Get Ready for 2020 Season Balancing Act

2019-08-21 by Phil Butler

Greece’s 2019 tourism season warns of a disastrous 2020. Unless stakeholders think outside the box, Crete and other markets will suffer.

Tags: 2020, 2020 travel, Bookings, EyeWide Digital Marketing, Greece hospitality, Greece tourism, Greece travel, Greece visits, Greek economy, Greek hoteliers, Gregory Tassios, marketing, Minas Liapakis, OTA's, Panhellenic Federation of Hoteliers, SiteMinder, Tony Palmer, travel agencies, travel markets, TUI

Greece Hospitality Body SETKE Welcomes New Tourism Bill

2018-12-19 by Phil Butler

Mykonos

The Greek Confederation of Tourist Accommodation Enterprises (SETKE) welcomes a new law covering thematic and special interest tourism.

Tags: alternative tourism, Greece, Greece tourism, Greece travel, Greek economy, HCH, SETKE, Tourism legislation

Athens Named European Capital of Innovation for 2018

2018-11-08 by Argophilia Travel News

The Acropolis

Athens, Greece has been named the 2018 European Capital of Innovation for the innovative it’s overcome social and economic challenges.

Tags: Athens, European Capital of Innovation, Greece, Greece awards, Greece tourism, Greek economy, iCapital

Greece’s Ministry of Economy Pledges Tens of Millions for Tourism SMEs

2018-09-18 by Delia Gavrilescu

Giannis Dragasakis

The Ministry of Economy of Greece has announced that Greek small and medium-sized enterprises (SMEs) active in tourism can now draw from additional subsidies.

Tags: Greece toursim, Greek economy, NSRF, small business, SMEs, tour companies, tourism, tourism related, tourism SMES

Handelsblat: Robust Tourism Driving Greece out of Crisis

2018-08-01 by Argophilia Travel News

Tourists continue to flock to Greece despite the recent deadly fires outside Attica, reports German business paper Handelsblat days after the World Tourism Organization (UNWTO) reassured travelers that the country was a safe destination.

Tags: Bank of Greec, Greek economy, Greek tourism, Handelsblat, Neckermann, thomas cook, TUI, UNWTO

Interrail & Attica Group Connect on Super Economy for Tourists

2016-05-19 by Rhett Butler

Attica Group

The Interrail Greek Island Pass is a product of the train services of Greece in cooperation with the Attica Group ferries, which gives tourists of this wonderful country the chance to travel via ferry to 27 Greek islands, and many more using the 30% discount on other islands in the Aegean sea. This allows travelers to cheaply access the beautiful Greek isles at respectable prices.

Tags: Attica Group, economy travel, Greece ferries, Greece rail, Greece travel, Greek economy, Greek tourism, Interrail Greek Island Pass, Superfast Ferries

Euro – Greece Futures: Are They Parallel?

2012-05-15 by Delia Gavrilescu

Eurozone

As Greece slides further into the unknown, many European travel companies are reportedly preparing for the country to exit the eurozone. Yesterday the government announced new elections to be held in June after efforts to hammer out a new government failed this week. Thomas Cook, and other major travel players, are preparing for the eventuality of a Greek withdrawal.

Tags: ABTA, EU, Euro, Eurozone, Greece, Greece hotels, Greece tourism, Greece travel, Greek economy, Greek holiday, Greek tourism, Kuoni, Monemvasia, thomas cook

Eurozone – European Travel Gone Critical

2011-07-17 by Phil Butler

Italy's Economy Minister Giulio Tremonti

The Eurozone is in deep trouble. The piling up of debt for member states now affects every country, every industry, all Europe is reeling at the ultimate realization economic chaos is no longer a distant danger. Italy’s Ecomomy Minister Giulio Tremonti said it all in an address on Thursday; “We move forward or we sink” – stressing the EU desperately needs a political solution to its money woes.

Tags: Athens travel, economic disaster, EU economies, EU tourism, Europe debt, Europe industries, Europe tourism, Giulio Tremonti, Greece travel, Greek economy, Greek poverty, Italian austerity, Italy debt, Italy travel, Souther Italy, tourism

New Steps for Greece in Cruise Market

2010-12-17 by Vicky Karantzavelou

Cruise vessel off Myconos

Greece has just brought into effect new rules that will benefit the travel industry there. For cruise lines, new fee schedules will allow businesses greater profit margins, and create new incentives for travelers. Government officials expect increased air traffic, as well as better sale of Greek made goods.

Tags: Athens news, Giannis Diamantidis, Greece news, Greece travel, Greek cruising, Greek economy, Greek goods, Maritime Affairs, Pavlos Geroulanos, travel economy




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