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

Covid-19: Greece Supports Jobs, Businesses with New Measures

The Greek government has announced new measures aimed at supporting businesses and employees affected by a new round of Covid-19 restrictions.

Eurogroup Approves Release of Next €767m Tranche for Greece

The Eurogroup has approved the release of 767 million euros in aid as part of Greece’s debt support program.

Commission: Tourism Helping Greece Economic Recovery

Greece’s recovery is gaining traction driven in large part by the tourism sector, the European Commission said in its 12th enhanced surveillance report.

Budget 2022: Tourism to Help Greece Meet Growth Goals 

Greece has set its growth target for 2022 to 4.5 percent driven by a faster recovery this year as a result of strong tourist flows.

EU Raises 2021 Growth Forecast for Greece to 7.1%

The European Commission has revised its outlook for growth in Greece to 7.1 percent from its previous estimate of 4.1 percent.

FinMin: Greece Sets Ambitious Targets for 2022

Greece is on track for a strong economic recovery with the government’s policy focused on achieving sustainable and equitable growth, according to Greek Finance Minister Christos Staikouras.

Crete’s Gournes Project Attracts Four Bidders

A tender for the exploitation of the former US military base of Gournes on Crete, also referred to as the “mini-Ellinikon”, has attracted four bidders.

EU Commission Commends Greece for post-Covid-19 Progress

Greece is moving faster towards growth approaching pre-Covid-19 crisis levels, said European Commissioner Paolo Gentiloni during an IOBE virtual event.

Commission: Greek Economy Recovering ‘Earlier Than Expected’

The European Commission praised Greece for advancing reforms as part of its post-bailout program, noting that the country’s economy was demonstrating an “earlier-than-expected recovery”.

Greece Expects ‘Strong Recovery’ for Economy After GDP Jumps 16.2%

Greece’s economy took a turn for the better in the second quarter of the year, according to data released by the Hellenic Statistical Authority (ELSTAT).

EU Signs First ‘Greece 2.0’ Funding Agreement

The financial aid agreement requested by Greece in the framework of its recovery plan was signed by the Greek government and the European Commission.

Greece Expects €4bn of EU Recovery Aid by August

Greece expects by the end of the month to have access to approximately 4 billion euros in support from the European Union’s Recovery Fund.

Greece Prepares to Deal With ‘Delta’ Variant Emergence

Greek authorities are preparing an action plan to address the possible spread of the new Covid-19 Delta variant in the country.

Parliament Approves Permanent VAT Reduction for 5 Greek Islands

Greek parliament has approved a permanent reduction by 30 percent in VAT applicable to five Eastern Aegean islands.

EIB and HDB to Support Business Investment in Greece with €400m

The European Investment Bank (EIB) is extending 400 million euros in support to boost business financing across Greece, in efforts to stimulate innovation and create jobs.

KEPE Study: Tourism Can Drive Greek Economic Growth in 2021

The tourism sector can help the Greek economy recover post-Covid-19 in 2021, according to the Center of Planning and Economic Research (KEPE).

Covid-19 Costs Greece €40bn in Support Measures in 2020-2021

The Covid-19 health crisis has cost the Greek government 40 billion euros in support measures, during the 2020-2021 period.

FinMin: OECD Greece Outlook Signals Trust in Greek Economy

The findings of a new OECD report send out a message of trust in the prospects of the Greek economy, according to Greek Finance Minister Christos Staikouras.

Commission Releases €2.54bn in SURE Support Funds for Greece

Greece will be receiving 2.54 billion euros to support employment from the European Commission's SURE scheme.

New Support Measures for Greece’s Seasonal Tourism Workers

The Greek government has announced five measures to support seasonal employees in tourism, licensed tourist guides, tour leaders, and tour bus staff.