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Travel & Tourism industry news by Greek Travel Pages (gtp)

Multi-billion-euro Hellinikon Deal Hinging on Casino License

The Greek government must announce a casino license tender by August 31, in order to conclude the privatization of Hellinikon by the end of the year.

Greece Gets Eurogroup Green Light to Exit Debt Program

Greece will receive its final 15-billion-euro bailout tranche after successfully completing its fourth assessment and will exit its nearly eight-year-long aid program on August 20.

Four Seasons Astir Palace Hotel Athens Aims for March 2019

The fully renovated and extended Astir Palace in Vouliagmeni, is set to open for business in March 2019, with the seal of approval of the Four Seasons hotel brand.

Commitment to Reforms Key to Regaining Investors’ Trust in Greece, Says ESM Head

Commitment to economic reforms is vital if Greece wants to attract foreign investments, said the head of the European Stability Mechanism (ESM), Klaus Regling.

Fraport Ups Investments at 14 Regional Airports in View of Rising Arrivals

In view of increasing arrivals, Fraport Greece will accelerate its renovation works at the 14 Greek regional airports under its management.

May 2018 Job Figures Reveal Seven in 10 Hired in Greek Tourism

Hospitality and F&B services accounted for seven in 10 hirings in Greece in May, according to data from the labor ministry’s Ergani system.

Juncker: EU Should Avoid Mistakes Made in Greece for Italy

European Commission President Jean-Claude Juncker is calling on the EU to avoid the same mistakes it made in the Greece debt crisis in the case of Italy.

New Bank Limits in Greece, Withdrawals Now at €5,000

Bank account holders in Greece can as of June 4 withdraw a total of 5,000 euros per month from ATM machines and banks, according to a finance ministry decision.

Greece Examines Lifting Banking Limits After Bailout Exit

As Greece prepares to exit its bailout program in August, the government is looking into ways to further ease and ultimately lift capital controls.

Fraport Sets Sights on 23 Smaller Greek Airports

Fraport Group, currently running 14 regional airports in Greece, has expressed interest in taking over the management of 23 smaller airports across the country.

Greek Tourism Curbs Joblessness in April

Greece’s tourism sector is tackling unemployment head on, creating 100,246 new jobs in April this year, marking a third consecutive month on the positive, according to data from the Ergani system.

Eurobank: Peak Interest in Greek Tourism, Energy, Logistics Set to Create Jobs

The tourism, energy and logistics sectors are set to create 605,000 new jobs in Greece over the next decade, according to a study released by Eurobank.

Positive 2017 Results Spur Lampsa Group’s Future Activities

Greek hotels group Lampsa is seeing sales, profit and occupancy levels at its units on the rise, paving the way for the further development of its activities.

Three Greek Ports Set for Development, Says Minister

Three Greek ports are in line for immediate development following in the steps of the Thessaloniki Port Authority, according to Alternate Economy Minister Stergios Pitsiorlas.

Minister Pitsiorlas: Hellinikon Licensing Enters Final Stretch

The urban regeneration project slated for the former Athens airport in Hellinikon, is entering the final stretch, according to Alternate Economy Minister Stergios Pitsiorlas.

Green Groups Appeal for Multibillion-euro Hellinikon Project to Stop

The Hellinikon project, set to be erected at the former Athens airport, is yet again about to be put on hold after environmental groups took the case to Greece’s highest court.

DiaNEOsis-IOBE Study: Heavy Taxation Tops Greeks’ Worries

Greece’s taxpayers are concerned about their ability to pay up, with direct taxes over the 2008-2016 period having increased by 94 percent, a study by IOBE and diaNEOsis reveals.

Juncker Calls on Greeks to Persist for a Better Future

European Commission President Jean-Claude Juncker during his visit to Athens expressed his support for Greece and optimism that better days are ahead.

SEV Urges Greek Gov’t to Become More ‘Investor-friendly’

SEV President Theodoros Fessas is calling on the Greek government to become more investor-friendly and offer a range of services that will attract investments.

Lamda CEO Optimistic, Says Hellinikon Works May Start Next Year

Lamda Development, the consortium behind the investment project of Athens’ former Hellinikon airport, expressed hope that works can finally begin in 2019.