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

IOBE Scales Back Greek GDP Growth Outlook to 1.8%

The Greek economy is set to grow by 1.8 percent this year, the Foundation for Economic & Industrial Research (ΙΟΒΕ) said, revising downward its previous forecast.

IOBE: Risk of Economic Slowdown in Greece for 2019

If Greece fails to free up productive forces through structural reforms, there will be a quick return to recession, according to the IOBE think tank.

European Commission Sees 2.2% Growth for Greece in 2019

The European Commission is forecasting a 2.2 percent growth for the Greek economy in 2019, following the completion of its bailout program last August.

Report: Thessaloniki Port Could Boost Balkan Activity

Thessaloniki Port, the second largest container port in Greece, can boost activity in the Balkan region and Southeastern Europe, once upgrade works are completed.

First Thessaloniki Port Works to Be Ready Ahead of Plan

Infrastructure works budgeted at 180 million euros may be ready ahead of schedule at the port of Thessaloniki in northern Greece.

Thessaloniki Port Authority Sale a Done Deal

South Europe Gateway Thessaloniki Limited (SEGT) is now the majority shareholder in the Thessaloniki Port Authority, with a share of 67 percent.

Thessaloniki Port Sale Transaction in Final Stage

The sale of a 67 percent stake in the Thessaloniki Port Authority to South Europe Gateway Thessaloniki (SEGT) Limited is in the final stage.

NBG: Tourism Helps Propel Greece’s GDP into Positive Territory

Greece’s robust tourism sector is expected to boost the country’s GDP by 1.6 percentage points in 2017, according to the National Bank of Greece (NBG).

Thessaloniki Port Authority Management Has Big Plans

Transforming Thessaloniki port into a gateway to the Balkans is the priority of a consortium of three companies, which have stepped in as the port’s new managers.

IOBE: Thessaloniki Port Privatization to Bring in €1.6bn in Next Decade

The privatization of the Thessaloniki Port Authority is expected to contribute to GDP growth in Greece by up to 1.6 billion euros by 2026, IOBE think-tank says.

Commission: Greek Economy Showing Signs of Sustained Recovery

The Greek economy is showing signs of sustained recovery, according to the European Commission's Winter 2017 Economic Forecast for Greece.

Greek Tourism Sector Needs €5.5bn in Investments to Keep Up Pace

Greece needs investments in tourism to the tune of some 5.5 billion euros between 2017 and 2023 if it wants to meet increasing demand from abroad and recover domestic demand, according to a National Bank of Greece (NBG) Economic Analysis Department study released recently.

Greece Tourist Arrivals Up in January-October, On Track to End 2015 with Record Number

International visitor arrivals by air in Greece have posted a 5.7 percent increase in the first 10 months of 2015 with almost 15 million visitors. SETE estimates that Greek tourism is on track to end 2015 with a record of 26 million international arrivals.

Tourism, Consumption Boost Greece GDP in Q2

Tourism and consumption boosted Greece’s GDP for the April to June period by 0.8 percent compared to the first quarter of 2015 and by 1.4 percent compared to the second quarter of 2014, according to figures announced by the National Statistical Service (ELSTAT).

Tourism is the ‘Heavy Industry’ of Greece, Revised Study Confirms

Tourism's importance to the Greek economy is confirmed through 2014 figures released in a revised study on Friday by SETE Intelligence (InSETE), the research department of the Greek Tourism Confederation.

IOBE: Tourism Driving the Greek Economy

Tourism fuelled the Greek economy in the third quarter of 2014, according to a Foundation for Economic & Industrial Research (IOBE) survey, released last week.