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Greece's latest tourism industry news by Greek Travel Pages

Prime Minister Inaugurates Tourism Conference

Aspiring investors in Greece's tourism industry will at last be able to plan their schemes with much greater certainty, as a result of the first ever investment charter, Prime Minister Costas Karamanlis told the full house of tourism delegates recently.

Time Is Running Out For Olympic Airways

Last month, the European Commission requested the European Court to impose penalties on Greece for non-compliance with the Commission's 2005 ruling that Olympic must repay illegal government subsidies of 161 million euros received from 1998 to 2002.

Olympic to Continue Flying Throughout Summer

Government officials last month promised to keep Olympic Airways flying over the summer, despite a fresh European Union warning over illegal aid. They also insisted that there were groups who were interested in purchasing the airline.

Government Promises Golf Legislation

Because the construction of a golf course in Greece is more than difficult, and extremely time consuming, Greek government quarters have promised to create legislation that would cut deeply into the time and paperwork required for such construction projects.

Difficulties in Establishing a New Olympic Airlines

As we go to press, negotiation meetings to determine the future of Olympic Airlines continue. The EU gave the government until the end of March to develop a plan for liquidating the airline, and a business plan for the new company with private capital for funding.

Government to Pursue High-income Arrivals

The government's "Inner Cabinet" met recently to discuss the 10-year Greek tourism development plan drafted by the tourism ministry. According to the plan, Greece would welcome 20 million foreign visitors to 20 million upon the plan's completion, up from a projected 14 million...

Temes Senior Open Golf Tournament Hands Out 70 Million Drachmas

Ninety of the best senior golf professionals in the world (three are Greek) arrived in Athens last month to play a tournament that hands out some 70 million drachmas to winners. The tournament will be televised over 20 television stations around the world and be seen by some 140...