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

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.

Greece Sets Recovery Fund Priorities for Tourism After Covid-19

Reigniting investment interest, infrastructure upgrades, sustainable tourism growth are priority areas to benefit from Greece’s share of EU recovery funds.

European Commission: Long Road Ahead for EU Recovery

European Commission President Ursula von der Leyen said planned cuts in the Union’s upcoming long-term budget will be a “difficult pill to swallow".

PM: Greece Gets €70bn in EU Covid-19 Recovery Funding

Greece secured at least €70 billion in funds to address the repercussions of the Covid-19 pandemic from an EU recovery plan of €750 billion agreed on in Brussels.

Commission: €1.14bn to Support Greece’s Covid-hit SMEs

Approximately 90,000 small- and medium- sized enterprises in Greece will be able to tap into a total of 1.14 billion euros in funds released by the European Commission.

Study Shows Europeans Wary of US, Want EU to Unite

The majority of Europeans feel “alone and vulnerable” and do not consider the US an ally in their fight against Covid-19, according to a recent study.

Covid-19 Recovery Plan Tops EU Leaders’ Meeting

Reaching an agreement on the Commission’s proposed coronavirus rescue fund dubbed “Next Generation EU”, topped the agenda of a recent EU leaders meeting.

FinMin: Greece Doesn’t Need ESM Covid-19 Credit Line

Greece has no need to resort to European Stability Mechanism (ESM) loans to deal with the coronavirus impact, says Greek Finance Minister Christos Staikouras.

Greece Lays Out Plan to Make Best Use of EU Emergency Funding

The Greek government is looking to put 22.5 billion euros in EU subsidies, aimed at addressing the impact of Covid-19, to immediate use.

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.

ESM Credit Line Now Open, Greece Could Save up to €800m

Greece could save up to 800 million euros in interest rates over the next decade, if it chooses to use the European Stability Mechanism's (ESM) credit line.

Airlines, Travel Agents Say EU Covid-19 Guidelines for Vouchers are ‘Confusing’

Europe’s airlines and travel agents said that the Commission's recommendations for travel in Covid-19 times are confusing, unclear and non-binding.

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.

EU Prepares Roadmap for Gradual Covid-19 Lockdown Exit

The European Commission has tabled a roadmap to phase out containment measures in place across the EU due to the coronavirus outbreak.

Covid-19: Commission, EIF Announce €8bn in Urgent Relief for Hard-hit SMEs

The European Commission and the European Investment Fund (EIF) have unlocked 8 billion euros in funding, aiming to facilitate cash flows for 100,000 SMEs hit by the Covid-19 pandemic.