connect with us
Greece's latest tourism industry news by Greek Travel Pages

IOBE: Risk of Economic Slowdown in Greece for 2019

If Greece fails to free up productive forces through structural reforms, there will be a quick return to recession, according to the IOBE think tank.

World Leaders to Gather in Greece for Delphi Economic Forum 2019

Heads of State, Prime Ministers and EU Commissioners will participate in the Delphi Economic Forum 2019, which will be held between February 28-March 3 in Delphi, central Greece.

OECD: Steep Taxation Taking Toll on Greece’s Growth

Heavy taxation continues to be the leading obstacle to growth in Greece, according to data released by the Organization for Economic Cooperation and Development (OECD).

Greece Exits Bailout Era Amid Uncertainty, Betting on Regaining Trust

August 20 marks Greece’s exit from a nearly eight-year-long aid program.

INSETE: Greece’s Commitment to Reforms Key to Growth

Improved competitiveness and successful fiscal adjustment have contributed to the Greek economy’s positive performance in the first quarter of 2018, according to INSETE.

EU Approves of ‘Enhanced Surveillance’ for Post-bailout Greece

The European Commission presented an “enhanced surveillance" framework in order to support Greece in its post-bailout efforts to return to “normalcy”.

Greece Examines Lifting Banking Limits After Bailout Exit

As Greece prepares to exit its bailout program in August, the government is looking into ways to further ease and ultimately lift capital controls.

Eldorado’s Greece Mining Project Gets Pending Permits at 11th Hour

Greece said it would grant pending permits for Eldorado Gold's "Olympias" project, after the mining company said it would halt the investment.

Greece’s Deal with Creditors Puts Tourism, Business Sectors at Ease

Greek tourism professionals hope that the deal reached between Greece and its lenders will lift the lingering uncertainty and allow tourism to grow.

‘Guardian’ Sees Greece Tourism Upsurge Due to Safety, Stability

Athens is ready to host some 4.5 million visitors this year and the Guardian is describing the rising tourism numbers as a “miracle”, adding that much of the upsurge is linked to Greece’s safety record.

ESM Approves Third Bailout for Greece

The European Stability Mechanism’s (ESM) board of governors approved Greece's 86 billion euro bailout program on Wednesday.

German Fraport Takes Over Operations of 14 Regional Airports in Greece

German transport company Fraport will take over the management of the Greek regional airports located in Thessaloniki, Corfu, Chania, Kefalonia, Zakynthos, Aktion, Kavala, Rhodes, Kos, Samos, Mytilini, Mykonos, Santorini and Skiathos.

Greece Suggests 13% VAT Rate for Hotels in its Bailout Proposal to Creditors

A value-added-tax (VAT) rate of 13 percent on Greek hotels and the elimination of discounts on the country's most popular islands, are included in the proposal the Greek government submitted to its international creditors on late Thursday, in hope of reaching an agreement on a...

Greece Votes ‘No’ in Bailout Referendum, PM Tsipras Announces Next Move

Over 61 percent of Greeks voted “no” to creditors’ austerity terms in Greece's referendum on Sunday. "Our immediate priority is to restore the banking stability to normality", Greek Prime Minister Alexis Tsipras said in a public statement on Sunday night.

VAT Rate on Greek Hotels: Lenders Want 23%, Greece Says 13%

Greece's creditors seem determined to impose the value-added-tax (VAT) rate of 23 percent on both accommodation and food services and do away with the reduced VAT rate that currently applies to the Aegean islands.

Greece Privatization Projects Move Ahead as Scheduled

The privatization of regional airports as well as of the Piraeus port will move ahead as scheduled, the Greek finance ministry said in a document it sent to the Eurogroup on Monday.
off

Greek Tourism Sector Applauds Eurogroup Agreement

Greek tourism professionals today, 27 November, applauded the agreement Eurozone finance ministers reached with the International Monetary Fund on how to make Greece’s debt sustainable.
off

Covid-19 Impact on Greek Tourism

The Greek Travel Pages (GTP) is providing a timeline with select moments of the Covid-19 pandemic and its impact on the Greek tourism sector.

Commission Tables Covid-19 Recovery Plan to Kick-start EU Economy

Τhe European Commission has announced its proposal for a new recovery tool that will help boost jobs and growth of EU economies impacted by Covid-19.

EU Announces Covid-19 Pandemic Credit Line

European Union finance ministers have agreed to open a 240-billion-euro credit line to member states in efforts to mitigate the impact of the Covid-19 pandemic on EU economies.