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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Greek Hoteliers Want Tax Exemption on Uncollected Thomas Cook Payments

Greek hoteliers are requesting they be exempt from paying taxes on invoice amounts still owed by Thomas Cook, which declared bankruptcy in 2019.

Thomas Cook Relaunches as ‘Covid-ready’ Online Travel Company

Renowned brand Thomas Cook is relaunching as an online-only travel business, initially selling holidays to destinations on the UK government’s safe travel corridor list.

Brexit Uncertainty, Thomas Cook Collapse Slowed 2019 Global Tourism Growth

Factors such as Brexit uncertainty and the Thomas Cook collapse, contributed to a slower growth for international tourism in 2019, says the UNWTO.

New Provision for Greece’s Thomas Cook-hit Tourism Businesses

Greece’s Independent Authority for Public Revenue will allow an income tax deduction for businesses affected by the Thomas Cook collapse.

Greece Sets Unemployment Aid Terms for Thomas Cook-affected Staff

The Greek government has announced the terms for unemployment benefits for staff working at tourism enterprises impacted by the collapse of Thomas Cook.

Greece Announces Interest Subsidy Scheme on Loans for Thomas Cook-affected Businesses

Greek businesses affected by the collapse of Thomas Cook can apply to receive loans at subsidized interest rates, according to the Ministry of Development and Investment.

Greece Allocates €30m to Thomas Cook-hit Businesses

Thirty million euros will be allocated to tourism enterprises impacted by the collapse of Thomas Cook UK, according to Greek Tourism Minister Harry Theoharis.

Thomas Cook Germany Goes Down Too

The Thomas Cook domino effect continues to be in full swing with its Germany subsidiary, Thomas Cook GmbH, announcing that it has cancelled all trips for 2020.

China’s Fosun Acquires Thomas Cook for $14.2m

Chinese conglomerate Fosun said it would be purchasing Thomas Cook for $14.2 million, weeks after the travel giant collapsed leaving thousands of holidaymakers stranded.

Thomas Cook’s Nordic Unit Saved by Three Buyers

Norwegian investor Petter Stordalen and private equity firms Altor and TDR Capital have signed an agreement to acquire the Nordic unit of collapsed UK tour operator Thomas Cook.

ECTAA Backs EU Parliament Calls for Post-Thomas Cook Support Measures

ECTAA has welcomed a European Parliament decision to support measures that help tourists and tourism businesses address issues created from Thomas Cook's collapse.

Thomas Cook: Greece Aims to Cover Lost Ground via Tourism Promo Drive

A new tourism campaign to launch in Greece in January, is one of many emergency measures taken in the aftermath of Thomas Cook’s collapse.

Hays Travel to Re-open 555 Thomas Cook Shops in the UK

Hays Travel, the UK's largest independent travel agent, will acquire the entire retail portfolio of 555 former Thomas Cook shops in the United Kingdom.

Online Refund Service for Thomas Cook Customers Opens

Customers of UK tour operator Thomas Cook, affected by its collapse, can claim a refund through the Civil Aviation Authority’s website as of October 7.

OAED: Scheme to Secure Jobs for Greek Tourism Businesses after Thomas Cook Ruin

OAED has announced another support measure for Greek tourism professionals affected by the ruin of Thomas Cook.

Thomas Cook Default Impacts 38 Countries, 8.6m Flight Seats

Thirty-eight countries and 8.6 million seats will be affected by the bankruptcy of UK tour operator Thomas Cook, says a recent analysis.

Greek Hotels: Losses from Thomas Cook Collapse Add Up to €315 Million

Total losses in Greece's accommodation sector from the collapse of Thomas Cook are estimated at 315 million euros, says the Hellenic Chamber of Hotels.

Greece’s Thomas Cook Repatriation Operation in Full Swing

The repatriation process of the tourists stranded in Greece due to the collapse of Thomas Cook, should be completed in the next few days.

Greece: New Relief Actions for Thomas Cook-affected Businesses

Relief measures were announced for Greek tourism businesses affected by the collapse of Thomas Cook.

Fosun: Limited Financial Impact from Thomas Cook Collapse

Fosun International Limited, Thomas Cook's largest shareholder, says the collapse of the UK tour operator has limited impact on its business.