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

Application Deadline for Tourism, New Media Subsidies Jan. 31

January 31 is the deadline for all interested parties wishing to gain access to subsidies under the new development law estimated by the end of 2020 to distribute some 4.2-4.3 billion euros.

EU Bank Launches Credit Line for Agriculture, Tourism, Manufacturing in Greece

The European Investment Bank (EIB) announced on Thursday the launch of a 1 billion euro "Loans for SMEs and MidCaps" credit line to Greek banks.

More EU Funds to be Made Available for Greek SMEs

The European Investment Fund (EIF) and the Greek economy ministry signed a funding deal to establish a 260 million euro risk capital Fund-of-Funds which will facilitate access to finance for entrepreneurs by unlocking the equity potential in the Greek market.

Greek Shipowners Boosting Fleet, Reinforcing Global Presence

Crisis aside, Greek shipowners are becoming even stronger global players says international financial services company Petrofin Research.

ICAP: Greek Tourism Sector Going Strong

Greece’s tourism sector is continuing to grow despite the ongoing economic crisis, according data released by Athens-based market research firm ICAP this week.

Greek PM Pledges Relief Measures for Island Communities

Greek Prime Minister Alexis Tsipras pledged to upgrade infrastructure, redesign coastal shipping, enhance transportation, support agriculture and local production, and boost local entrepreneurship in efforts to improve the standard of living on Greek island communities.

E. Aegean Islanders Ringing Alarm Bells Ahead of 2017 Tax Hikes

Eastern Aegean island professionals are ringing alarm bells in view of VAT tax hikes to take effect January 1 and are calling on the government to apply taxation rates that were applicable in 2015.

IOBE: Greek Economic Mood Boost in October

Consumer confidence and improved services account for October’s bolstered economic sentiment (ESI) in Greece, a Foundation for Economic & Industrial Research (IOBE) survey recently showed.

KEPE: Six Ways to Leave Capital Controls Behind Us

If Greece wants to regain investor confidence, which will in turn attract investment and thus lead to economic recovery, capital controls must become a thing of the past, the Center of Planning and Economic Research (KEPE) said in a report.

Application Process for Greek Business Funding Opens on Oct. 12

Professionals and business owners in Greece seeking grants for their enterprises can apply for government funding under the new development law as of October 12.

ICAP: Greece’s Airline Market Shows Robust Performance in 2013-2015

Greece’s airline market is seeing steady growth thanks in large part to the improvement of the country’s airport infrastructure and to the expansion of the tourist season, business services group ICAP found in a report.

Pass Go… Thessaloniki Monopoly Finally Here!

The Thessaloniki Monopoly recently made its debut at the 81st Thessaloniki International Fair (TIF), with the northern port city’s famous monuments, hotels, and landmarks adorning the board.

Greece: Creating New Wealth and its Fairer Distribution Top Tsipras’ Agenda

Creating new wealth and ensuring a fairer distribution of revenues through innovation, research and competitiveness were the goals set by Greek Prime Minister Alexis Tsipras during his keynote address at the 81st Thessaloniki International Fair (TIF).

Greek TrainOSE Railway Company to Issue ‘Smart’ Ticket

Greek rail service company TrainOSE recently announced that it would soon be launching so-called smart tickets for travel on its network.

Thessaloniki’s 81st International Fair Starts with a Bang

Concerts, a car rally, hot air ballon flights, a brand new city monopoly, a pirate ship, e-games and art shows plus all the politics one can get will mark the opening of the 81st Thessaloniki International Fair (TIF) on Saturday, September 10.

Greece Tax-free Shopping Plummets in First 7 Months of 2016

Revenue in Greece from tax-free shopping in the first seven months of the year has dropped by 18.54 percent compared to the same period in 2015.

Thessaloniki Monopoly Debuts at TIF-Helexpo

The northern port city of Thessaloniki is finally getting its very own Monopoly board game set to make a debut at the 81st Thessaloniki International Fair (TIF).

Thessaloniki Expo Takes to the Skies with Hot Air Balloon Promo at 8 Greek Cities

The organizers of the Thessaloniki International Fair (TIF) are sending hot air balloons to eight cities in Northern Greece as part of a promotional strategy to attract all the more visitors to the 81st TIF event on September 10-18.

Greece Taxmen to Snoop through Social Media for Clues of Fraud

Greece’s tax inspectors my soon be probing social media accounts in efforts to track down tax evaders and untrustworthy tax payers.

XRTC Analysts Say Greek Ferry Shipping Facing Airline Competition

Considered by foreign banks as the “Greek Risk”, Greece’s ferry shipping industry is faced with little financial support, which in addition to a series of internal and external factors, is taking a toll on the sector’s performance, according to an annual report released by XRTC...