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

Attica Region Announces SME Covid-19 Funding Scheme

Small and medium-sized businesses in the Attica Region, impacted by the coronavirus pandemic, will be able to tap into a support package of 200 million euros.

Microsoft Deal Paves Way for Major Investments in Greece

Greece is proceeding with major investments in the areas of tourism, energy and technology, with the recently announced Microsoft deal leading the way.

IMF: Greek Economy to Shrink by 9.5%

The Greek economy is expected to shrink by 9.5 percent in 2020 due to the Covid-19 shock, which has interrupted the country’s economic recovery, the IMF said.

EU Urges Turkey to Stop Provocations or Face Sanctions

Τhe European Union said it could impose sanctions on Turkey if the country continues its "provocations and pressures" on Greece.

Xenia Property on Chios to Reopen as Hotel After Decades of Neglect

The historic Xenia property on Chios will reopen to visitors following its renovation as a modern hotel unit by Avlum Enterprises Company Limited of the Tsakos Group.

EBRD: Slow Economic Recovery Due to Covid-19 Uncertainty

The EBRD estimates that Greece's GDP will shrink by 9.5 percent in 2020 and record a 4 percent recovery in 2021.

Tourism Investments to Drive Growth for Greece, Says EY Survey

Foreign investments in tourism, logistics and real estate are set to drive growth for Greece in the coming years, says the EY Attractiveness Survey for 2020.

US Strengthens Ties with Greece After Pompeo Visit

The US and Greece have strengthened ties further after a two-day visit by US Secretary of State Mike Pompeo that focused on politics, economy and energy.

National Bank of Greece Sees Upturn in July-Aug Economic Activity

Greece's economic activity in July-August recorded an upturn with a positive impact of tourism, according to the country's national bank.

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.

Greece’s Peak July Month Sees 85.4% Drop in Tourist Arrivals

July, one of the three main months for tourism in Greece, saw the number of inbound arrivals plunge by 85.4%, impacted by the Covid-19 pandemic.

Hybrid Events Gaining Ground, Vital for Greek Tourism Recovery

Hybrid events combining live participation and a virtual component are gaining ground and set to become the next big thing in MICE events.

Minister: Greece Still Winning Investors’ Vote of Confidence

Greece is still winning over investors, despite the Covid-19 crisis, as landmark projects like Hellinikon enter materialization phase, according to Investments Minister Adonis Georgiadis.

Thessaloniki ConfEx Park to Create Momentum, Jobs

The multi-million-euro overhaul of the Thessaloniki International Exhibition Center is expected to create momentum and 1,500 new jobs.

Enterprise Greece Teams Up with eBay

Enterprise Greece has teamed up with e-commerce company eBay for the promotion of Greek products and services to more than 182 million buyers in 190 markets worldwide.

Two New Cars Added to Athens’ Public Tram Network

Athens’ tram service will be enhanced with the addition of 25 new urban tram cars by 2021, two of which were recently delivered to the company’s Hellinikon depot.

Central Macedonia Backs Covid-19-hit Businesses with €150m

The Central Macedonia Region will allocate 150 million euros to local businesses, tourism enterprises included, impacted by the Covid-19 pandemic.

Greece Channeling More EU ESPA Funds into Projects

Greece has increased its absorption rate of EU resources - known in Greek as ESPA funds - since July 2019 compared to other member states.

Greek Economy Shrinks by 15.2% in Q2

Greece saw its GDP plunge by 15.2% in the second quarter of 2020 compared to the same period a year ago, affected by the Covid-19 pandemic, according to ELSTAT.

Eurostat: Greece Unemployment at 17% in May

Greece’s jobless rate increased from 15.7 percent in April 2020 to 17 percent in May, according to the latest data released by Eurostat.