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

Greece Prepares for Transition to Green Economy with Incentives

The Greek government is planning to introduce incentives for the support of environmentally-friendly investments.

Greece’s Q3 Turnover Index in Accommodation & Food Service Rising

Greece’s year-on-year turnover index in accommodation and food service in the third quarter of 2019 increased by 6.1% against the same period in 2018.

Safety is Greece’s Top Tourism Advantage, Says Greek Chambers Chief

Safety is the most strongest tourism advantage that Greece has compared to other East Med destinations, says UHC President Konstantinos Mihalos.

Greek Gov’t Moves Ahead with Regional Port Privatization Plans

The Greek government said that it would be taking measures so that the procedures for the privatization of 10 state-owned regional ports would begin in 2020.

Eleonas to Host Athens 1st Cultural and Tourism Complex

A multipurpose tourism and cultural complex budgeted at 117 million euros is set to upgrade the industrial neighbourhood of Eleonas in Athens.

Lamda Releases Details on Development, Financing of Hellinikon Project

Lamda Development, the consortium behind the Hellinikon venture in Greece, released details on the much-awaited project in a report for its investors.

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.

Enterprise Greece OKs Two Projects to Create Jobs, Bring in Investments

Enterprise Greece, the country's investment agency, has approved two projects budgeted at 331 million euros and set to create 822 new jobs.

EBRD: Exports, Recovering Private Consumption to Drive Greece Growth

Exports and improved private consumption are likely to strengthen short-term growth in Greece, says EBRD.

Athens Moves Up As Good Property Purchase Choice

Property in the Greek capital is evolving into an attractive investment option with buyers seeing prospects for higher value and rents next year, a PwC report reveals.

Greece – China Cement Ties with 16 Strategic Deals

Greece and China paved the way for strong partnerships in dozens of areas during the visit of Chinese President Xi Jinping in Athens.

Tourism Paves Way to New Era in Greece-China Ties

The Tourism Ministry is preparing a strategic plan to reach out to the Chinese market, aiming to bring some 500,000 Chinese travelers to Greece by 2021.

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.

Piraeus Mayor Takes Initiative to Redefine Port City

As investments to upgrade Piraeus port increase, Mayor Yiannis Moralis is looking to redefine the city and improve the standard of living for residents.

Piraeus Port Development Tops Greek PM’s China Agenda

The development of Piraeus port into one of Europe’s leading container terminals topped Greek Prime Minister Kyriakos Mitsotakis' agenda of talks during his recent visit to China.

PM: New Chapter in Greece – China Ties Starts with Investments

Aiming to stimulate growth, Greek Prime Minister Kyriakos Mitsotakis said his government was committed to facilitating investments and invited Chinese investors to bet on Greece.

Greek Leisure Boat Market Sees Robust Demand

Greece’s yachting market has gained ground over the 2014-2018 period, demonstrating robust demand for recreational boating, according to ICAP.

Athens Properties Eyed by Living Concepts Firm ‘Zoia’

Cyprus-based advanced living concepts firm Zoia is investing in Greek properties with a focus on Athens, aiming to tap into a growing rental market.

Greece 2019 Tax Free Shopping on Upward Trend

Greece’s tax free shopping market is showing growth, with the total number of transactions marking a 22 percent increase in the January-September 2019 period.