Photo source: Athens Traders Association (ESA) Greek businesses ordered to shut down in 2020 due to the coronavirus pandemic lost more than one-third of their turnover or a total of 10.8 billion euros, according to recently released data by the Hellenic Statistical Authority (ELSTAT). Of the 205,984 enterprises in Greece that suspended operations in March […]
The Greek Tourism Confederation (SETE) is calling on the government to extend its new (seventh) round of refundable financial assistance also to tourism businesses. The “repayable advance” measure, known in Greek as “epistreptea prokatavoli”, is tax-free aid in the form of state loans to businesses affected by the outbreak of Covid-19. Half of (50 percent) […]
UFI Conference 2019. Photo source: @UFI The global exhibition industry saw its revenues drop by 68 percent in 2020 compared to 2019, the Global Association of the Exhibition Industry – UFI announced recently. This result is based on updated regional data provided in the UFI Global Exhibition Barometer, which indicates that 2020 revenues represented only […]
Sitia Airport “Vitsentzos Kornaros”. Photo source: HCAA Airports in Greece were among those hit hardest by Covid-19 restrictions in 2020, according to European industry trade association ACI Europe which found that Europe’s passenger traffic last year was down by 1.72 billion passengers falling back to 1995 levels. More specifically, according to the Airports Council
Photo source: HCAA Passenger traffic through all of Greece’s airports dropped by 83 percent in the first month of the year compared to January 2020, as a result of ongoing travel restrictions imposed due to the coronavirus (Covid-19) pandemic, the Hellenic Civil Aviation Authority (HCAA) said on Friday. “This big drop was expected, as in January […]
The region of Attica in Greece, which includes the wider Athens area, has been labeled “red” on the weekly European Center for Disease Prevention and Control (ECDC) Covid-19 map updated every Thursday. Attica Region is labeled “high risk” indicated by the red color on the map, which charts the spread of the coronavirus and which is based on […]
Hellenic Parliament, Athens. Photo Source: GTP Continuous measures to address Covid-19 are expected to weigh on Greece’s recovery, said the European Commission this week, forecasting real GDP growth by 3.5 percent in 2021, before rising to 5 percent in 2022. For 2020, the Commission estimates Greece’s real GDP to be down by 10 percent. More […]
Photo source: Destination Analysts The role of vaccination in the recovery of US travel and tourism from the impact of the coronavirus (Covid-19) pandemic is considered paramount, with over half (53 percent) of American travelers saying that they would avoid travel until vaccines are made available, a survey by Destination Analysts reveals. Although financial worries […]
Greece’s restaurant owners are calling on the Greek government to offer “oxygen” to the F&B sector that is “suffocating” due to Covid-19 restrictions. During protests in large Greek cities, they symbolically hand over their keys to Prime Minister Kyriakos Mitsotakis. Restaurant owners across Greece symbolically handed over their keys to Prime Minister Kyriakos
International arrivals to Europe marked a 30-year low last year, down by 70 percent compared to 2019 as a result of the coronavirus pandemic, according to the “European Tourism Trends & Prospects (Q4/2020)” report issued quarterly by the European Travel Commission (ETC). ETC analysts predict a gradual return to 2019 international travel demand patterns by […]


















