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

Greek Q3 Hotel, F&B Services Turnover Hit Hard by Covid-19

Greek hotel and F&B services providers saw turnover plunge in the third quarter of the year, hit hard by the Covid-19 crisis.

Greek Accommodation, F&B Services See August Revenue Tumble

Accommodation and food & beverage (F&B) businesses in Greece saw revenues plummet in August as a result of Covid-19 disruption.

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.

IOBE Think Tank Sees 2.2-2.5% Growth for Greece in 2020

Investments, export activity and privatizations are set to stimulate growth for the Greek economy by 2.2-2.5 percent this year, according to the IOBE think tank.

Greece Returns to List of ‘Marketable Risk’ Countries on Jan. 1

Greece will return on January 1, 2020, to the list of “marketable risk” countries for short-term export credit insurance.

SEV: Doing Business in Greece Still Tough

The ease of doing business in Greece is improving but at a very slow pace and with inadequate steps, according to the Hellenic Federation of Enterprises (SEV).

European Commission Predicts 1.8% Growth for Greece

The European Commission revised its growth forecast for Greece downward from 2.1 percent to 1.8 percent in 2019.

SEV: Investments Crucial to Improving Greece’s Competitiveness

Greece can improve its competitiveness levels by consistently implementing investments and structural reforms, says the Hellenic Federation of Enterprises.

Greek Business Body Calling for More Investments

More investment activity is required for Greece to move full speed ahead towards economic recovery, the Hellenic Federation of Enterprises (SEV) says.

SEV Sees Greece Economic Slowdown in H1 2019

The Greek economy appears to be slowing down, says the H1 2019 “Economics and Business” bulletin of the Hellenic Federation of Enterprises (SEV).

IOBE Scales Back Greek GDP Growth Outlook to 1.8%

The Greek economy is set to grow by 1.8 percent this year, the Foundation for Economic & Industrial Research (ΙΟΒΕ) said, revising downward its previous forecast.

SEV: Production, Employment Hinge on Moderate Taxation

High taxation on households and businesses cannot drive growth and is putting a brake on Greece’s prospects, according to the Hellenic Federation of Enterprises (SEV).

IOBE: Risk of Economic Slowdown in Greece for 2019

If Greece fails to free up productive forces through structural reforms, there will be a quick return to recession, according to the IOBE think tank.

Small Number of Greece’s Businesses Bearing the Tax Burden, Says Grant Thornton

A mere 10 percent of Greece’s businesses are paying 88 percent of total taxes, according to a study presented by Grant Thornton.

Greek Entrepreneurs Less Optimistic, Says Grant Thornton Study

Deteriorating optimism among the country’s entrepreneurs has landed Greece at the bottom of a list of 35 countries in the latest Grant Thornton International Business Report (IBR).

Greek Think-tank Finds 2018 Economic Climate Improved

The economic climate in Greece improved in 2018 compared to the previous year, as did household expectations, the Foundation for Economic & Industrial Research (IOBE) said.

IOBE: Greek Consumer Confidence Higher, Economy on Standby

Consumer confidence in Greece improved in December, achieving a four-year high, while the economic climate remained steady, according to IOBE.

Tourism, Exports Boost July Business Expectation Index in Greece

Tourism and exports, together with Greece’s exit from its bailout program, have boosted the business expectations index for July.

EY Sees European Driven Middle-market Growth Ahead

The annual EY Growth Barometer reveals that 86 percent of European middle-market companies are aiming for revenue growth of more than 6 percent in the next 12 months.

Greek Tourism Drives Down May 2018 Jobless Rate

Greece’s seasonally adjusted unemployment rate eased by 20 percent in May 2018 for the first time in seven years driven in large part by the tourism sector.
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