Greece Seeking Ways to Put Covid-19 Recovery Funds to Good Use

By admin 16 Σεπτεμβρίου 2020 No comment

Hellenic Parliament, Athens Investments and reforms should be the top priority when considering the allocation of Greece’s recovery funds, said Alternate Finance Minister Theodore Skylakakis during the ongoing Thessaloniki Helexpo Forum. Skylakakis stressed that putting the funds to strategic use was vital, particularly at this “unique and historic moment”. “Whatever we

Greek Court Final Decision to Pave Way for Mohegan’s Casino Plans

By admin 16 Σεπτεμβρίου 2020 No comment

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Photo Source: thehellinikon.com A legal dispute between Hard Rock International and Mohegan Gaming & Entertainment (MGE), the two bidders for the 30-year permit to run the first Integrated Resort and Casino (IRC) in Greece at Hellinikon, is expected to be closed this week after Greece’s highest court issues its final decision on the case. The Council of […]

Eurostat: Greece Unemployment at 17% in May

By admin 1 Σεπτεμβρίου 2020 No comment

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The Hellenic Parliament in Athens. Greece’s jobless rate increased from 15.7 percent in April 2020 to 17 percent in May, according to the latest data released by Eurostat, the EU’s statistical service, on Tuesday. Hardest hit were the young under 25, with the unemployment rate reaching 37.5 percent in May against 32.6 percent in April. […]

Thessaloniki Chamber Urges Relief Measures for TIF Organizer

By admin 28 Αυγούστου 2020 No comment

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Photo Source: @TIF-Helexpo Thessaloniki’s Chamber of Commerce and Industry (TCCI) is calling on the government to implement support measures to cover the losses incurred following the cancelation earlier this month, of the country’s largest and most influential fair – the Thessaloniki International Fair (TIF) due to Covid-19. TCCI

SETE: Greece’s Tourism Sector Needs Support into 2021

By admin 25 Αυγούστου 2020 No comment

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As the main tourist season for Greece comes to a close and the impact of Covid-19 lingers, the Greek Tourism Confederation (SETE) has made six proposals aimed at helping businesses survive. SETE proposals, sent in letter to labor and economy ministers, include job retainment measures through to March 31, 2021, noting that initial forecasts of […]

Greek Gov’t Mulls Tax Relief for Covid-hit Businesses

By admin 25 Αυγούστου 2020 No comment

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Andrianou Street in Plaka, Athens. Photo © Maria Theofanopoulou Greek business owners impacted by the Covid-19 health crisis will have more time until the end of the year to pay off their tax obligations, said Alternate Finance Minister Theodoros Skylakakis. Referring to seasonal enterprises – those mostly active in tourism – Skylakakis told ANT1 TV […]

Greek Tourism Arrivals and Revenue Plummet Due to Covid-19

By admin 21 Αυγούστου 2020 No comment

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The coronavirus pandemic and ongoing travel restrictions are sending Greek tourism figures to nearly nil with the latest Bank of Greece data revealing a 93.8 percent drop in the number of inbound travelers in June to 256 thousand with revenue nosediving by 97.5 percent to 64 million euros in the same month. According to the […]

Covid-19 Drives Greece Joblessness to 1m in July

By admin 21 Αυγούστου 2020 No comment

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Despite opening up to tourism in July, Greece saw its unemployment rate soar by an additional 125,000 people to more than 1 million compared to the same month in 2019, the country’s Manpower Employment Organization (OAED) said this week attributing the rise to the coronavirus pandemic. More specifically, a total of 1.09 million people in […]

Greece Sets Recovery Fund Priorities for Tourism After Covid-19

By admin 19 Αυγούστου 2020 No comment

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Reigniting investment interest, digital technology integration, infrastructure upgrades, sustainable tourism development, advanced tourism training and employment are the priority areas to benefit from Greece’s share of EU recovery funds to stimulate the economy after the coronavirus (Covid-19) pandemic subsides. Greek tourism stakeholders and industry bodies met on

Thessaloniki Fair Cancelation Due to Covid-19 Causes Stir

By admin 12 Αυγούστου 2020 No comment

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The cancelation this week, due to Covid-19, of the country’s largest and most influential fair – the Thessaloniki International Fair (TIF) – held annually in the northern port city has prompted the reaction of stakeholders, who are calling on the government to examine support measures. Government authorities said they would instead be allowing a political and