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world economy

The Coronavirus Pandemic Could Set Tourism Back by $1 Trillion

2020-10-02 by Aleksandr Shatskih

Vaccine

The UN Secretary-General Antonio Guterres just released a new report today citing UNWTO data on the level of devastation COVID-19 will exact on the tourism industry.

Tags: coronavirus recovery, COVID-19, economy, pandemic, tourism, tourism losses, tourism season, travel sector, world economy, world tourism

2020: The Greece Tourism Season That Never Took Off

2020-04-26 by Phil Butler

Hersonissos

Greek Minister of Tourism Haris Theocharis thinks the country will welcome visitors by July. The world economy does not support his theory.

Tags: 2020 tourism, Coronavirus, COVID-19, Great Depression, Greece tourism, Harry Theoharis, Health passports, IMF, NSETE, research, tourism, world economy

COVID-19: EU Approves €2bn Greek Business Support Measures

2020-04-05 by Phil Butler

Margrethe Vestager

The European Commission has approved a €2 billion-euro aid package to help Greece weather the economic effects of the coronavirus (COVID-19).

Tags: Coronavirus, coronavirus pandemic, COVID-19, COVID-19 economics, EU, Greece economy, Greek debt, IMF, Kristalina Georgieva, Margrethe Vestager, world economy

Featured Stories

Uncontrolled Tourism

Europe Rallies Against Uncontrolled Tourism

olive oil producers

Cretan Olive Oil Producers Grapple with Bureaucracy as Harvest Remains Unsold

family-friendly attractions in Heraklion, Dinosauria Park

Top 10 Family-Friendly Attractions in Heraklion

Port of Heraklion Venetian Port

NeaKriti Exclusive: Heraklion’s Venetian Port Crumbles

unpaid hours AI illustration

Digital Work Cards Espose Unpaid Hours and Labor Violations in Cretan Hotels

How Public Relations in Hospitality Adapts to AI Technology banner

Your go-to guide for foraging cretan horta

Stories of Interest

Aposelemis Dam water crisis

The Water Stops Flowing at Aposelemis Dam

2025-06-10 By Manuel Santos

The Aposelemis Dam water crisis has disrupted the water supply to Heraklion, Hersonissos, and Agios Nikolaos.

airport cockroaches

Cockroaches Cause Chaos at Heraklion Airport

2025-06-10 By Manuel Santos

Heraklion’s Nikos Kazantzakis airport sees cockroaches crawling out during peak tourist season, causing upset among travelers and raising questions about hygiene and health standards.

Kastelli International Airport

Kastelli International Airport: The Concrete Monster Set to Change Crete

2025-06-10 By Mihaela Lica Butler

Kastelli International Airport, opening in February 2027 near Heraklion, Crete, is set to replace the outdated Nikos Kazantzakis Airport.

underground garbage bins

Heraklion Installs 40 Underground Garbage Bins Across 24 Sites

2025-06-07 By Iorgos Pappas

Heraklion, led by Mayor Alexis Kalokairinos, deployed over 40 underground garbage bins.

Arctic Adventures

Arctic Adventures Iceland South Coast Tour Wins 2025 Viator Experience Award

2025-06-06 By Manuel Santos

Arctic Adventures’ Iceland, South Coast Full-Day Small-Group Tour from Reykjavik, operated by Your Day Tours, wins top honors in the 2025 Viator Experience Awards.

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