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Covid-19 Hits Greek Accommodation & Food Services in Q2

Greece’s accommodation and food services activities in July suffered the biggest blow to turnover, down by 71.4% as a result of the Covid-19 pandemic.
Posted On 23 Sep 2020
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Study: CEOs Redefining Priorities After Covid-19 Shock

The lingering uncertainty which has resulted from the ongoing Covid-19 pandemic has forced CEOs in Greece and abroad to redefine future priorities, a KPMG study reveals.
Posted On 23 Sep 2020
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FinMin: Greek Economy Can Brave a Second Lockdown if Needed

Greece’s economy can endure a possible second lockdown to curb the spread of Covid-19 if necessary, according to Greek Finance Minister Christos Staikouras.
Posted On 22 Sep 2020
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EU Covid-19 Recovery Funding to Go into Green and Digital Investments

The European Commission presented its 2021 Annual Sustainable Growth Strategy that includes a set of goals to be met through the use of 672.5 billion euros in financial aid.
Posted On 18 Sep 2020
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Greek PM Mulls Tighter Covid-19 Measures for Athens – Attica

Additional restrictions in the wider Athens area to curb the spread of Covid-19 may be implemented in the coming days, according to Greek PM Kyriakos Mitsotakis.
Posted On 18 Sep 2020
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Greece Calls for Joint Covid-19 Health Protocols at UNWTO Meeting

Coordinated actions and common Covid-19 health protocols are vital to enable safe travel in Europe, according to Greek Tourism Minister Harry Theoharis.
Posted On 17 Sep 2020
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OECD: Better Outlook but Covid-19 Risks and Uncertainty Still High

The OECD has revised its outlook for 2020, predicting a smaller recession of the global economy and slightly greater potential for growth.
Posted On 17 Sep 2020
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Eurocontrol: Covid-19 Controls Hindering Hopes for Air Travel Recovery

Divergent Covid-19 restrictions across Europe have hindered all efforts to reverse the slowdown in air travel caused by the Covid-19 pandemic, says Eurocontrol.
Posted On 16 Sep 2020
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Covid-19: Greek Health Experts Urge Vigilance After Stricter Measures Imposed in Attica

Greek health experts are calling on strict adherence to Covid-19 measures, warning that if cases in Attica do not decrease, harsher restrictions may be required.
Posted On 16 Sep 2020
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Greece Seeking Ways to Put Covid-19 Recovery Funds to Good Use

Investments and reforms should be the top priority when considering the allocation of Greece’s recovery funds, says Alternate Finance Minister Theodore Skylakakis.
Posted On 16 Sep 2020
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DBRS: Covid-19 Shock Greater for Tourism-dependent Greece

Greece will emerge as one of the hardest hit economies by Covid-19 due to the impact of restrictions on tourism, its main revenue-generating industry, says a DBRS Morningstar report.
Posted On 15 Sep 2020
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Greek Tourism Ministry Pledges Additional Publicity for Halkidiki

The Greek Tourism Ministry will take additional marketing actions in 2021 to promote Halkidiki, which has been impacted by tight measures due to the Covid-19 crisis.
Posted On 15 Sep 2020
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Central Macedonia Backs Covid-19-hit Businesses with €150m

The Central Macedonia Region will allocate 150 million euros to local businesses, tourism enterprises included, impacted by the Covid-19 pandemic.
Posted On 04 Sep 2020
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Photo source: Hellenic Parliament
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Greek Economy Shrinks by 15.2% in Q2

Greece saw its GDP plunge by 15.2% in the second quarter of 2020 compared to the same period a year ago, affected by the Covid-19 pandemic, according to ELSTAT.
Posted On 03 Sep 2020
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Tourism Minister: Greece Doing Best to Protect Visitors and Locals

Greece is doing everything in its power to ensure the safety of the traveling public and of residents, Tourism Minister Harry Theoharis told BBC Radio4.
Posted On 02 Sep 2020
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Scotland Places Greece on Covid-19 Quarantine List

Starting from Thursday, September 3, travelers arriving to Scotland from Greece will be required to quarantine for 14 days.
Posted On 02 Sep 2020
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Greece Issues New Aviation Guidelines for Travel

Greece's aviation authority has issued new guidelines in effect through to September 15 at midnight, applying to the traveling public.
Posted On 01 Sep 2020
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Eurostat: Greece Unemployment at 17% in May

Greece’s jobless rate increased from 15.7 percent in April 2020 to 17 percent in May, according to the latest data released by Eurostat.
Posted On 01 Sep 2020
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money euros
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Greek Funding Scheme for Small Enterprises Accepting Applications

A Greek government support program funding small and very small enterprises is now accepting applications.
Posted On 01 Sep 2020
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Moody’s: Greece’s Debt Durable Despite Tourism Decline

Despite the slowdown in tourism and the far-reaching repercussions of the coronavirus pandemic, Greece’s debt remains durable, Moody's Investors Service said in a report.
Posted On 31 Aug 2020
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