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Tourism
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Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
The turnover index in accommodation and food services fell by 6.5 percent year-on-year (YoY) in the first quarter (Q1), slowing from an increase of 4.8 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
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Rise in new Covid-19 cases raises alarm on eve of reopening to tourism
A fresh spate of confirmed cases of Covid-19 in Greece has been causing jitters as the country prepares to reopen its borders with the hope of attracting foreign visitors for the tourist season.
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First challenges for tourism plan, as public relaxes approach to virus
As the Greek PM and tourism minister prepare to launch a promotional campaign for Greek tourism on Thursday, the government’s plan to attract visitors this summer is starting to come up against challenges of both a practical and a political nature.
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Govt pushes tourism message, digests EU stimulus proposal
The Greek government, which stands to gain up to 32 billion euros in grants and loans from the Recovery Fund proposed by the European Commission, continues to keep the re-opening of the tourism sector at the top of the its agenda.
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Travel balance falls by 53.6 pct in March
Greece’s travel balance fell to 31.6 million euros in March from 68.1 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 53.6 percent year-on-year (YoY).
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Govt lays out recovery plan to October, launches tourism roadmap
The Greek government presented on Wednesday the components of its support package for cushioning the economic impact of the first wave of the pandemic and laying the groundwork for an autumn recovery, in a briefing which covered fiscal measures, investment and employment.
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PM set to unveil support package, as ND cements poll lead
Kyriakos Mitsotakis is set to launch the government’s updated pandemic support package in a TV address this afternoon detailing measures for employment and the economy into the autumn, as well as an action plan on tourism.
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Greece gears up to secure slice of smaller tourism pie this summer
Prime Minister Kyriakos Mitsotakis is set to announce on Wednesday how Greece plans to re-open its tourism sector, a move that is seen by the government as vital to dampening the economic impact of Covid-19 this year.
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European Commission's travel guidance brings some optimism for Greek tourism sector
Greece has welcomed the European Commission’s guidance on travel and tourism as a first step towards reopening a vital section of the economy in time for the summer season.
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Greece plans tourism reopening while waiting for EU guidelines
Pressure is mounting on the government to come up with a plan to reopen its tourism industry as the European Union is expected to issue a proposal on Wednesday for the phased restoration of free movement within the union in coming months.