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

IMF Sees 3.8% GDP Growth in Greece for 2021

The International Monetary Fund (IMF) is forecasting that the Greek economy will grow by 3.8 percent in 2021.

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.

Covid-19: Greece to Extend Support to Businesses, Employees in May if Needed

Support for Greek businesses and employees who are out of a job due to the Covid-19 health crisis, will be provided in May if needed, according to Finance Minister Christos Staikouras.

IMF Forecasts 2020 Recession for Greece Due to Covid-19

The International Monetary Fund (IMF) is forecasting that the Greek economy will contract by 10% this year as a result of the Covid-19 outbreak that has devastated the world.

IMF: 2020 Outlook for Global Growth Negative but Recovery in 2021

The coronavirus epidemic may push the global economy into recession, but the faster the virus stops, the quicker and stronger the recovery will be, IMF says.

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.

WTTC Says Travel and Tourism to Save the Day After Brexit

As March 29 draws near, new research by the World Travel & Tourism Council found that the industry may keep the UK economy strong after Brexit.

WTTC Says 700,000 Travel and Tourism Jobs at Risk Under ‘No-deal’ Brexit

Some 700,000 travel and tourism jobs could be at risk under a 'no-deal' Brexit, according to new analysis from the World Travel & Tourism Council (WTTC).

Tsipras: ‘Liberation Day’ for Post-bailout Greece

Greek Prime Minister Alexis Tsipras described August 20, as a day of liberation for Greece, as the country completed its nearly eight-year rescue period.

Greece Exits Bailout Era Amid Uncertainty, Betting on Regaining Trust

August 20 marks Greece’s exit from a nearly eight-year-long aid program.

EU Approves of ‘Enhanced Surveillance’ for Post-bailout Greece

The European Commission presented an “enhanced surveillance" framework in order to support Greece in its post-bailout efforts to return to “normalcy”.

Greece Gets Eurogroup Green Light to Exit Debt Program

Greece will receive its final 15-billion-euro bailout tranche after successfully completing its fourth assessment and will exit its nearly eight-year-long aid program on August 20.

Christine Lagarde: Greece Should Permanently Host the Olympic Games

The managing director of the International Monetary Fund (IMF), Christine Lagarde, recently agreed that the Olympic Games should be hosted permanently in Greece.

Greece’s Third Bailout: Euro Summit Statement

Greece has agreed to tough reforms after marathon talks with eurozone leaders in return for a three-year bailout ended in the early morning of July 13.

Greece Suggests 13% VAT Rate for Hotels in its Bailout Proposal to Creditors

A value-added-tax (VAT) rate of 13 percent on Greek hotels and the elimination of discounts on the country's most popular islands, are included in the proposal the Greek government submitted to its international creditors on late Thursday, in hope of reaching an agreement on a...

IMF Releases Statement on Greece

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made a statement on Monday, one day after a 'no' vote in a Greek bailout referendum.

IMF: Greece is Now in Arrears

The International Monetary Fund (IMF) has confirmed that Greece did not make a 1.5 billion euros repayment due on Tuesday, June 30.

Report: Will Tourism Save Greece?

The Greek tourism sector is showing signs of restructuring that may simultaneously imply higher productivity and a smaller potential for absorbing unemployment, according to a recent strategic analysis by Levy Economics Institute of Bard College in the United States.

IMF Calls For VAT On Greek Food Service To Rise Again To 23%

The International Monetary Fund (IMF) is pushing for the value-added tax (VAT) on Greek food services to return to 23 percent.

Greek Tourism Weighed Down By Uncertainty

“The slander against our country weighs heavily during this particularly sensitive period in which early bookings are in process for this year’s tourism season,” the Hellenic Association of Travel and Tourist Agencies (HATTA) said last month in regards to the violent street...
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