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

Greek Shipping Ministry Welcomes Updated €800m Piraeus Port Plan

Greek Shipping Minister Yiannis Plakiotakis expressed his satisfaction with a new updated master plan for the development of the Piraeus Port.

Hellinikon Park, Casino Get Greek Gov’t Clearance

Greek authorities have cleared the next two projects of the multi-billion-euro Hellinikon venture, giving the green light for the construction of a resort casino and a park area on the premises.

Mitsotakis – Merkel Focus on Migration, Green Investments

Greek Prime Minister Kyriakos Mitsotakis and German Chancellor Angela Merkel discussed on migration and investments during a meeting in Berlin.

Greek Business Bodies: Restoring Market Trust Key After Banking Limits Lift

Greek business and trade bodies are expressing satisfaction with the government’s decision to do away as of September 1 with capital restrictions.

Greece Lifts Last Capital Controls After Four Years

Greece will lift its last remaining capital controls four years after cash restrictions were imposed to safeguard the country’s banking system from the economic crisis.

Smaller Players Take Lead in Greek Coastal Shipping Market, Says XRTC

Smaller Greek shipping companies currently control 62 percent of all coastal transport needs, according to an XRTC Business Consultants report.

Investments, Climate Top Mitsotakis – Macron Meeting Agenda

Investments and climate change topped the agenda of talks between Greek Prime Minister Kyriakos Mitsotakis and French President Emmanuel Macron in Paris.

Piraeus Port Upgrade Closer to Implementation with Revised Plan

Cosco has revised the master plan for the Piraeus Port, which now also includes the construction of a cruise terminal service center with Duty Free Shops.

Greece’s Travel Receipts Rise in January-June

For the first half of the year, revenue in Greece from travel receipts grew by 15.3 percent against the same period in 2018, according to the Bank of Greece.

A Year After Bailout Exit, Commission Says Greece Making Progress

The European Commission issued a statement, marking the one-year anniversary of Greece’s exit from a nearly eight-year-long aid program.

Greece Still Lags Behind EU Average in Online Payments

Despite the changing banking and purchasing landscape, Greeks are still not opting to make online transactions for their banking needs, a European Central Bank study reveals.

Travel Receipts ‘Save’ Greece’s June Current Account Surplus

Stronger net travel receipts in Greece in june drove a 338 million euro improvement in the services surplus, according to data released by the Bank of Greece.

Study: Western Crete Winning Over Families, Repeat Travelers

Western Crete appears to be an attractive holiday choice for families and repeat travelers while all-inclusive options are losing ground, according to findings released by the University of Crete.

‘Ithaca Odyssey’ to Move Ahead as Fast Track Tourism Venture

The Greek government is looking to speed up the procedures for the “Ithaca Odyssey”, a 650-million-euro tourism investment on the island of Ithaki.

Greek Gov’t Speeds Up Approval of Tourism Investment Projects

The Greek Development Ministry is speeding up procedures for a number of delayed infrastructure projects including Hellinikon, Kassiopi, and Afantou.

Chios Marina Concession Deal Signed

Marina Chios SA will for the next 40 years manage the marina on the island of Chios after the concession agreement was recently signed.

XRTC: Greek Coastal Shipping Fleet Getting Old

Greece’s coastal shipping fleet is getting older with the average age of its vessels at 26 years, requiring investments for renewal, according to an XRTC report.

Mykonos Holds Strong as Luxury Destinations Drop Hotel Rates

The popular island of Mykonos continues to hold strong this season, while other favorite jet set destinations appear to have decreased their hotel rates.

New Development Model for 10 Greek Ports

Greece's government will be implementing a new model for the development of 10 state-owned ports, according to the Greek Shipping Minister.

Greek Shipping Needs Stronger Regulation to Remain on Top – Report

In order to retain its leading global position, Greece's shipping sector is calling for stronger regulation.