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

Greece Generating Foreign Investor Interest 

All the more investors are eyeing Greece expressing interest in services such as IT and maritime infrastructure, according to Development Minister Adonis Georgiadis.

May 2021 Travel Flows to Greece Soar by 413.7%

Incoming traveler flows to Greece surged by 413.7% to 285,000 arrivals in May, according to data released by the Bank of Greece.

Olympic Stadium of Athens to Get Major Overhaul

Greece has announced plans for the revamp of the Olympic Athletic Center of Athens “Spyros Louis”, known as OAKA, under a budget of over 43.5 million euros.

EY: More Foreign Investors Betting on Greece

Greece is winning over more foreign investors climbing to 23rd spot in 2020 in Europe from 29th in 2019, according to the latest Ernst & Young (EY) report.

Greek Tourism Enterprises Stand to Gain from EU Recovery Funds in Three Ways

Greek tourism and the hospitality sector in particular stand to gain from support allocated to Greece as part of the EU’s Recovery Fund.

German Tourists Picked Greece in June

A total of 260,000 German tourists visited Greece in June, demonstrating their confidence in the country.

Plans for Greece’s First ‘Green’ Skyscraper Presented

Plans for Greece’s first ‘green’ skyscraper, to go up along the Athenian Riviera as part of The Ellinikon project, were recently presented by Lamda Development.

Schinas: Recovery Aid to Lead Greece into New European Era

The wealth of EU resources allocated to Greece for recovery after Covid-19 are set to bring the country into the new era, according to European Commission VP Margaritis Schinas.

BoG: Tourism Uncertainty May Slow Greek Economy Rebound

Although the Greek economy is showing signs of recovery, the uncertainty due to emerging Covid-19 virus mutations and their potential impact on tourism pose a risk, says the Bank of Greece.

Hellinikon Project: Demand on the Rise for Homes on Athenian Riviera

A total of 9,000 homes with going rates as high as 25,000 euros/m2 will be constructed at Hellinikon along the Athenian Riviera, according to the head of Lamda Development that is undertaking the project.

Greece Inks Deal for Metro Line 4 to Cover Athens’ Commuting Needs

Greek PM Kyriakos Mitsotakis has finalized an agreement for the construction of Athens’ Metro Line 4 with Alstom SA, paving the way for works to begin soon.

Mega Athenian Riviera Hellinikon Project Clears Last Hurdle

Hellinikon, a highly anticipated, controversial and delayed project in Greece, set to breathe new life into the Athenian Riviera, is ready to begin.

FinMin: OECD Greece Outlook Signals Trust in Greek Economy

The findings of a new OECD report send out a message of trust in the prospects of the Greek economy, according to Greek Finance Minister Christos Staikouras.

Greece Extends Rent Cuts, Exemptions for Covid-hit Enterprises, Workers

Covid-hit business owners in Greece active in tourism, F&B, culture, sports and transport will be exempt from paying rent for June after the government extended support measures.

Greece’s Hellinikon Project, Casino Get Clearer Timeline

Works at Hellinikon, one of the largest investments on the Athenian Riviera in Greece, are set to begin in the coming months.

Commission Revises Greece Growth Forecast Upward

The European Commission has revised upward its forecast for Greek GDP growth to 4.1 percent in 2021 and 6 percent in 2022.

Greece Anticipates Recovery Plan Approval in June

Greece’s national recovery and resilience plan which includes billions of euros worth of upgrade projects and reforms is expected to get the EU’s approval in June.

Greece Submits National Recovery Plan to EU

Greece has submitted the final draft of its ambitious national recovery plan to the European Commission, which is aimed at dealing with the repercussions of the Covid-19 pandemic.

Greek Tourism to Gain from ‘Ellada 2.0’ Resilience Plan

The Greek tourism sector stands to gain from a total of 57 billion euros in funding out of Greece’s national recovery and resilience plan dubbed “Ellada 2.0”.

Greece Aims for National Recovery with 160 Projects

Greece is aiming to get on track to recovery with 160 actions worth 60 billion euros to be channeled into digital transformation, employment, health and education.