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

Israeli Investor Takes Over Iconic Kythnos Xenia Tourism Venture

The iconic Xenia Hotel and two thermal springs on the Greek island of Kythnos has been awarded to Israeli entrepreneur Avraham Ravid for a period of 99 years.

Minister: Tourism Driving Greece Growth Beyond Eurozone Average

Tourism is Greece’s “strong card”, set to generate revenues in 2022 that will boost the economy despite the challenges, said Tourism Minister Vassilis Kikilias.

Greece Raises July Energy Subsidies for Homes and Businesses

A total of 722 million euros in support to Greeks hit by the energy crisis will apply to all users irrelevant of income this month, said Greece's Energy Minister Kostas Skrekas.

Greeks to Get More Support to Deal With Soaring Energy and Fuel Costs

The Greek government has announced new measures, including an increased gas subsidy, to help Greeks deal with soaring energy and fuel costs. 

Greece Gets Next Debt Tranche, Prepares to Exit Enhanced Surveillance

The European Commission approved the release of the next tranche of debt relief to Greece, as the country prepares to exit enhanced surveillance status in August.

Greek Hoteliers Strengthen Cooperation with Key Ministers

Greece’s hoteliers and key ministers of the government strengthened ties at the annual general assembly of the Hellenic Hoteliers Federation.

Commission Sets Growth for Greece at 3.5%

Greece’s real GDP will grow by 3.5% in 2022 and remain high at 3.1% in 2023, driven by a full tourism comeback, the European Commission said in its Spring Economic Forecast.

Greece Examines Reducing VAT on F&B, Tourism, Transport Services

The Greek government is considering extending to the end of the year a reduced VAT scheme that currently applies to tourism, transport and F&B services.

Greece Announces Measures to Ease Energy Crisis Impact on Households, Businesses

Greek Prime Minister Kyriakos Mitsotakis on Thursday announced a 3.2-billion-euro energy scheme, in efforts to ease the impact of soaring energy costs on households and businesses.

Greece’s Tour Bus and Travel Services Providers Calling for Support

The General Panhellenic Federation of Tourism Enterprises presented Finance Minister Christos Staikouras with 8 proposals during a recent working meeting, citing the challenges of Covid-19.

Greece Repays IMF Bailout Loans, May Exit EU ‘Enhanced Surveillance’ in August

Greece completed the early repayment of bailout loans to the IMF two years ahead of schedule and could transit out of EU “enhanced surveillance” this summer.

Greece Announces Relief Measures to Tackle Energy Crisis

The Greek government has announced a set of relief measures including a fuel rebate and an electricity bill subsidy for some 1.4 million qualifying households.

EIB Teams Up with Greek Banks to Support Covid-hit Businesses

The European Investment Bank (EIB) Group will join forces with Greek banks to support businesses impacted by the Covid-19 pandemic, providing 6.5 billion euros in liquidity.

FinMin: Greece to Repay IMF Loans Two Years Ahead of Schedule

Greece will proceed with the early repayment of bailout loans to the IMF by the end of the month., according to Finance Minister Christos Staikouras.

EU Commission: Tourist Flows Lift Greece Economy in 2021

Healthier tourist flows to Greece over the summer helped the Greek economy reclaim a significant part of Covid-19-induced losses, according to the European Commission.

Greek PM Announces ‘Generous’ ENFIA Property Tax Break

Greek Prime Minister Kyriakos Mitsotakis announced that the ENFIA single property tax would be slashed by 13% in an attempt to ease the burden of soaring energy prices. 

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.