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Kos Drowning with Refugees, Tourism Disrupted

As if the current economic crisis, the capital controls and the negative media portrayal of the country weren’t enough, Greek border islands, among them Kos, are having to also deal with a growing migrant problem at the peak of the tourism period.
Posted On 12 Aug 2015
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Aegean Sees July Passenger Traffic Figures Soar

Greek carrier Aegean Airlines announced increased passenger traffic for July 2015, handling a total of 1,473,568 passengers, up by 19 percent compared to the same month last year.
Posted On 10 Aug 2015
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Overnight Stays in Thessaloniki Steady, Room Prices Up

The number of overnight stays in the northern port city of Thessaloniki, for the first half of 2015 increased slightly but was smaller compared to last year's corresponding period, compared to the first half of 2014, according to a recent report released by the Thessaloniki...
Posted On 04 Aug 2015
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XRTC Report: VAT Hike on Greek Coastal Shipping to Have Opposite Effect

According to the 14th XRTC report, a tax increase translates into higher travel costs, inevitably leading to a drop in demand and thus directly affecting companies’ revenue and ability to operate, with a potential “grexit” still looming.
Posted On 30 Jul 2015
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Travel Agency Body Fed HATTA Seeks Solutions to Liquidity Issues

Capital controls implemented in Greece, in the last month as well as the resulting lack of liquidity have led to a delay in the payment of insurance contributions by local travel agencies.
Posted On 30 Jul 2015
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The Acropolis of Athens and the Parhenon
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‘WSJ’ Sees Swift Comeback for Greek Tourism

The Wall Street Journal is placing its bets on Greek tourism in a story published earlier this week titled “Greece Makes Fast Recovery in Tourism”.
Posted On 29 Jul 2015
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euros in ATM
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Greek Banks to Reopen on Monday, €420 Weekly Withdrawal Limit Added

The Greek government announced on Saturday that all of the country's banks will open on Monday, July 20, after a three-week “bank holiday”.
Posted On 18 Jul 2015
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AEGEAN Sees Passenger Traffic Rise By 15% in First Half of 2015

Aegean Airlines on Friday announced total passenger growth of 15 percent for the first half of 2015.
Posted On 17 Jul 2015
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Why Greek Ticket Agent Travelplanet24 – airtickets.gr Almost Went Offline

Greek online ticket agent Travelplanet24 – airtickets.gr intended to go offline recently due to the capital controls imposed on Greek banks in the run-up to the June 5 referendum.
Posted On 10 Jul 2015
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Greek Banks to Remain Closed Until Monday, July 13

Greece's "bank holiday" has been extended for another three working days, according to a ministerial decision issued late Wednesday.
Posted On 08 Jul 2015
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PayPal Shuts Down to Greek Users

“We are carefully following the situation in Greece, as well as developments in the negotiations between the Greek government and its lenders”, PayPal said in a statement.
Posted On 06 Jul 2015
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Piraeus-MIG Deal: Changes Expected In Greek Coastal Shipping Sector

The recent strategic cooperation deal between Piraeus Bank and Marfin Investment Group (MIG) is expected to lead to significant developments in the Greek coastal shipping sector.
Posted On 22 May 2014
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Nel Lines Acquires New Vessels and Merges with C-Link

As we go to press, shareholders of Nel-Lesvos Maritime are being asked to back a 23-million capital increase that will be used in part to acquire five used vessels. Two of the vessels are passenger ferries with Cypriot flags and three are ro-ro vessels under the Greek flag.
Posted On 01 Mar 2006
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