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Travelport Holds Workshop For Travel Agents On Crete

Travelport, a broad-based business services provider to the global travel industry, held a workshop last month for travel agencies in Rethymno, Crete, to brief travel agents on the company’s new tools and solutions.
Posted On 01 Dec 2011
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Hoteliers Criticize Restaurant VAT Hike

The increase of the VAT for restaurant services in Greek hotels from 13 to 23 percent (a 77 percent hike) would reduce the competitiveness of the country’s tourism product, the Hellenic Chamber of Hotels said recently in an announcement.
Posted On 01 Sep 2011
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The “Tourism Investment Conference: Focus on Greece,” was held in Athens and organized by Financial Times with the strategic partnership of the Association of Greek Tourism Enterprises (SETE) and the local partnership of Boussias Communications.
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Conference Focuses On Tourism Investment In Greece

The need to promote tourism investment and increase competitiveness in Greece to face the economic crisis was underlined by tourism professionals and experts at the “Tourism Investment Conference: Focus on Greece,” held in Athens last month.
Posted On 01 Aug 2011
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GNTO Mismanagement Report Goes To Justice

The report on the mismanagement of the Greek National Tourism Organization’s (GNTO) funds for the 2008-2009 period was delivered to Parliament to investigate the criminal liability of the politicians who were in charge of Greece’s tourism sector at the time.
Posted On 01 Jul 2011
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At the 18th MITT exhibition Russian tourism professionals told Deputy Culture and Tourism Minister George Nikitiadis (second from left) that until March a significant increase in bookings to Greece had been recorded compared to 2010.
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Greece To Make Visa Services Easier For Russians

The Greek Government has undertaken extensive initiatives to facilitate the arrival of Russian tourists to Greece and visitors from countries such as India and China, Deputy Culture and Tourism Minister George Nikitiadis said at the 18th Moscow International Travel and Tourism...
Posted On 01 May 2011
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Olympic Air announced last month that together with Aegean Airlines it would appeal against the decision of the European Competition Commission that blocked their plans to merge.
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Olympic Air To Appeal Merger Rejection, Halts Routes

Olympic Air announced last month that together with Aegean Airlines it would appeal against the decision of the European Competition Commission that blocked their plans to merge. The commission had said that such a merger would monopolize the Greek market.
Posted On 01 Apr 2011
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Greece In Trouble Over E.U. Travel Agent VAT Rules

Greece is among the eight Member States that were referred to the European Union’s Court of Justice for failing to properly implement E.U. VAT rules for travel agents, the European Commission announced in late January.
Posted On 01 Mar 2011
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The Greek Union of Civil Aviation Pilots called an emergency press conference after the European Commission blocked the merger plan between Olympic Air and Aegean Airlines. When the merger was first announced, the union had submitted an 80-page documented memorandum to the E.U., and developed the 199 reasons why the union was against the merge.
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E.U. Bans Olympic Air-Aegean Airlines Merger

The European Commission blocked a mega merger plan between Olympic Air and Aegean Airlines last month on the grounds that a monopoly would be created in Greek air travel.
Posted On 01 Mar 2011
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Olympic Air-Aegean Airlines Merger Hit Obstacles

The European Commission will decide whether or not to approve the merger between Olympic Air and Aegean Airlines on 12 January 2011, according to European Commissioner for Competition, Joaquin Almunia. The merger was expected to receive approval by 7 December 2010.
Posted On 01 Dec 2010
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Dinos Frantzeskakis President, Hellenic Association of Airline Representatives
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Dinos Frantzeskakis

On behalf of our members, I would like to extend a final farewell to two prominent industry personalities, who will not be with us at this year's exhibition: Anastasios Stylianopoulos and Panagiotis Zerzivilis. We will all miss them greatly.
Posted On 01 Nov 2010
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Olympic Airlines, in operation as of 2003, was sold to Marfin Investment Group for 177,1 million euros in March 2009. The airline’s successor Olympic Air is now waiting approval from the European Commission to merge with Aegean Airlines and become one company.
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Dept Hanging Over Olympic Airlines Reduced

Olympic Airlines SA will not have to repay an amount of illegal state aid back to Greek state coffers as a European Commission’s decision was overturned last month by the European Union’s General Court.
Posted On 01 Oct 2010
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Travel Agency Staff To Benefit From OAED Subsidy Program

The Manpower Employment Organization (OAED) assured the Pan-Hellenic Federation of Tourism Enterprises (GEPOET) that travel agency and tour bus staff would be included as of 2011 in its subsidy program of insurance contributions.
Posted On 01 Oct 2010
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“For the first time in years Greece will continue from where the Olympic Games left off and give Greek tourism a perspective,” Prime Minister George Papandreou said during his keynote speech at the annual Thessaloniki International Fair. Tourism professionals, however, expressed disbelief in regards to how serious tourism is taken by the Greek government. Photo: www.papandreou.gr
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PM Optimistic On Greek Tourism, Professionals Worried

“Greek tourism has been switched to autopilot and left unattended, something that was obvious at this year’s Thessaloniki International Fair (TIF)… We did not hear that Greece would carry out what its competitors are im­plementing, whether that be a promotion campaign or the...
Posted On 01 Oct 2010
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GNTO Report Sent To Athens Prosecutor

“The case should be sent to Parliament if the prosecutor’s probe ends up apportioning blame to politicians,” Deputy Culture and Tourism Minister Yiorgos Nikitiadis said in late July in regards to an investigative report on the Greek National Tourism Organization’s tourism...
Posted On 01 Sep 2010
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President of the Hellenic Professional Yacht Owners Association Antonis Steliatos.
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Professional Yacht Sector Watches Bookings Sink

The professional yacht sector is experiencing perhaps its worst year as bookings for professional yachts with crew have dropped more than 80 percent this year compared to 2009, Antonis Steliatos, president of the Hellenic Professional Yacht Owners Association, said.
Posted On 01 Sep 2010
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“A possible imminent approval of our agreement with Olympic Air could allow us to present in the summer of 2011 an expanding profile,” Aegean’s managing director Dimitris Gerogiannis said last month in a press release.
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Olympic Air/Aegean Airlines Agreement Under Investigation

The European Commission opened an in-depth investigation last month into the planned Olympic Air/Aegean Airlines merger as its initial inquiry into the deal showed it could raise “serious competition concerns.”
Posted On 01 Sep 2010
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Eva Karamanou, General Director of Amadeus Hellas
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Amadeus Hellas Stands Strong Amid Crisis

“It’s clear that Greek economy needs tourism—one of the most important industries in Greece—to grow,” Eva Karamanou, general director of Amadeus Hellas, told GTP. The Greek tourism industry is currently under tremendous pressure in regards to the economic crisis and competition...
Posted On 01 Jul 2010
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Volcanic Ash Outcome On Tourism

From 15 April until 21 April a total of 1,177 flights to and from Greek airports were canceled due to the volcanic ash cloud from Ireland, according to Civil Aviation Authority data.
Posted On 01 Jun 2010
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Deputy Culture and Tourism Minister Angela Gerekou at the Informal Meeting of Tourism Ministers in Madrid.
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Deputy Minister Calls E.U. Support On Greek Tourism

Greece is experiencing the most painful effects of the economic crisis but tourism could offer a way out, Deputy Culture and Tourism Minister Angela Gerekou stressed last month at the Informal Meeting of Tourism Ministers in Madrid, Spain.
Posted On 01 May 2010
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Aegean Airlines
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Greece’s Two Major Airlines Seal The Deal

The merger of Olympic with Aegean will maintain competitive customer prices, protect levels of employment and increase our competitiveness at a European level, according to Olympic Air’s President Andreas Vgenopoulos.
Posted On 01 Apr 2010
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