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Greece's latest tourism industry news by Greek Travel Pages

Greece’s Alpha Bank Sees Trend for Growth in 2017

The Greek economy is on a gradual path to recovery as economic indicators demonstrate an overall trend for growth, according to Alpha Bank.

Italy’s FS Takes Over Trainose Railway Officially on Sept. 14

The deal between Greek train operator Trainose and Italian railway group Ferrovie dello Stato (FS) Italiane will be finalized on September 14 on Corfu.

Hellenikon Project Turning into Pipe Dream Amid Approval Games

The multi-billion-euro Hellenikon land project on the Athenian Riviera has received the green light from the Central Council for Modern Monuments.

NBG: Tourism Helps Propel Greece’s GDP into Positive Territory

Greece’s robust tourism sector is expected to boost the country’s GDP by 1.6 percentage points in 2017, according to the National Bank of Greece (NBG).

Multi-billion-euro Hellenikon Investment Dogged by Delays… Again

The highly anticipated Hellenikon project along the Athenian Riviera has run into the scrutiny of Greece’s Central Archaeological Council (KAS).

Moore Stephens: Cyber Security, Geopolitics, Costs Main Risks to Shipping

Cyber security, geopolitics and operating costs are among the greatest risks to the shipping sector, according to business advisors Moore Stephens.

Germany’s Alltours Enters Greece with Zorbas Village Takeover

German tour operator Alltours has entered the Greek tourism market, adding the Zorbas Village resort on Crete to its hotel chain Allsun Hotels.

Greek Properties Prime Buys for Luxury Holiday Home Buyers

Mykonos, Santorini, Paros and Rhodes are among the top choices for buyers seeking to invest in luxury holiday accommodation.

Northern Greece Ports Attracting Investor Interest

The Thessaloniki Port Authority sale is set to be completed by mid-September, paving the way for the sale of the Kavala and Alexandroupolis ports in northern Greece.

Ministry to Launch 10 Funding Programs for SMEs in Tourism and More

In the upcoming period the Greek economy ministry will launch ten EU funding programs totalling 600 million euros for the support of new business ventures.

Greek Hotel Group Lampsa Eyes Central Athens Ventures

Greek hotels group Lampsa SA is expecting in the immediate future the go-ahead via competitions for two projects in the heart of Athens.

Greek Deposit Inflows Slowly Picking Up Pace

Private sector deposits at Greek banks picked up pace in the summer months on back of improved tourism figures and following the third bailout deal.

Athenian Riviera Projects Worth €10bn Pick Up Pace

Already home to some of the country’s finest hotels, recreational and cultural spaces, the Athenian Riviera is set to see impressive growth in the coming years.

Commission: EU on Path to Recovery 10 Years After Crisis, Greece Still Getting Aid

Ten years after the start of the crisis, Greece is the only EU member state out of eight still receiving financial assistance, the European Commission said.

Product Price Hikes Across 32 Greek Isles as of Jan. 1

Products and services on 32 islands in the Dodecanese and North Aegean Region will go up as of January 1, 2018, due to new VAT rates.

Greece Still Slow to Attract Tourism Investment

Investors seeking to place their money on tourism projects in Greece are becoming all the more reluctant due to time consuming procedures.

Greece to Ease Capital Controls as of Sept. 1

Account holders can as of Sept. 1 withdraw a monthly total of 1,800 euros in cash following a Greek finance ministry decision to ease capital restrictions.

Smaller Budget, Shorter Stays for Greek Vacationers

SETE says travel spending by Greek holidaymakers has decreased by 65 percent in the last nine years with locals set to vacation less in 2017.

Hellinikon Plans to Include Six Towers, Metropolitan Park

A 7-billion-euro project to develop Hellinikon, Athens' former airport, will include the construction of six 200-meter-tall buildings.

Thessaloniki Port Authority Management Has Big Plans

Transforming Thessaloniki port into a gateway to the Balkans is the priority of a consortium of three companies, which have stepped in as the port’s new managers.