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

Finance Ministry Rejects Loan To GNTO

The Association of Greek Tourism Enterprises (SETE) said last month that chances of a revival of the Greek economy are decreasing since the Finance Ministry did not approve of a 50 million euro loan for the Greek National Tourism Organization.

Minoan Lines Sticks To Fleet Renewal Program

The construction of eight modern vessels is proceeding without any delays, said Crete-based ferry operator Minoan Lines last month after press reports implied the company was in financial difficulties.