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After Greece’s Snowstorm: What Applies in Affected Areas on Thursday and Friday

Following Greece’s winter snowstorm named ‘Elpis’, which on Monday swept across a number of areas and brought a two-day shutdown, the government has informed how schools, shops and services will operate over the next two days in regions affected.
Posted On 26 Jan 2022
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Greek Banks Replacing Up to 15,000 Credit Cards Due to Security Breach

An incident of credit card fraud by an online travel services company has forced Greek banks to cancel and replace some 15,000 credit or debit cards.
Posted On 15 Jan 2020
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Study Shows Greeks Still Distrust Banking System

More than half of all Greeks distrust the banking system according to a study focusing on capital restrictions, conducted by business consultants Alvarez & Marsal.
Posted On 16 Oct 2017
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Greek Banks ‘Warm Up’ to the Tourism Sector

The positive prospects for Greek tourism in 2017 were discussed between the Hellenic Banking Association and the Greek Tourism Confederation (SETE).
Posted On 27 Apr 2017
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euros in ATM
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Greek Banks to Reopen on Monday, €420 Weekly Withdrawal Limit Added

The Greek government announced on Saturday that all of the country's banks will open on Monday, July 20, after a three-week “bank holiday”.
Posted On 18 Jul 2015
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ECB Raises Funding for Greece By €900 Million, Greek Banks Expected to Reopen Next Week

The European Central Bank has decided to raise financing through the Emergency Liquidity Assistance (ELA) mechanism for Greece by 900 million euros, ECB president Mario Draghi said during a press conference in Frankfurt on Thursday.
Posted On 16 Jul 2015
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Minister Stathakis: Banks in Greece Will Not Open This Week

Banks in Greece will open again once the European Central Bank (ECB) resumes its financing through the Emergency Liquidity Assistance (ELA) mechanism, Greek Economy, Infrastructure, Tourism and Shipping Minister George Stathakis told Bloomberg on Tuesday.
Posted On 14 Jul 2015
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Why Greek Ticket Agent Travelplanet24 – airtickets.gr Almost Went Offline

Greek online ticket agent Travelplanet24 – airtickets.gr intended to go offline recently due to the capital controls imposed on Greek banks in the run-up to the June 5 referendum.
Posted On 10 Jul 2015
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WTTC Includes ‘Worst Case Scenario’ for Greece in June 2015 Report

The World Travel & Tourism Council (WTTC) includes a 'worst case scenario' for Greece in its Monthly Economic Impact report for June 2015.
Posted On 05 Jul 2015
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Greece’s National Bank, Eurobank Open for Deposits, Pensions

Greece's National Bank (Ethniki) and Eurobank announced today that they will be open for business, accepting deposits by individuals and companies during the bank holiday set to end on July 6.
Posted On 02 Jul 2015
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Greece’s Main Tourism Body Calls On Banks To Support Tourism Businesses

Following the clean bill of health that Greek banks secured from the recent European Central Bank stress tests, the Greek Tourism Confederation (SETE) has called for the real economy to be financed and for healthy and sustainable tourism businesses to receive immediate support.
Posted On 29 Oct 2014
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Tourism Enterprises Eligible for Subsidies

Tourism enterprises eligible for the Third Community Support Framework subsidy cycle include small to mid-sized C, D and E class hotels, as well as B class hotels with a capacity of up to 125 beds. Also eligible are C and D class camping grounds, and furnished rooms, apartments...
Posted On 01 Apr 2006
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Olympic Airways Becomes Olympic Airlines

Olympic Airways is about to be molded into slimmer carrier and renamed Olympic Airlines. The launch date of the new company has not been announced but is expected to follow soon after passage of the pertinent bill now in parliament.
Posted On 01 Oct 2003
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