New Covid-19 Plan for Greece After Thessaloniki, Rodopi, Larissa Go ‘Red’

By admin 29 Οκτωβρίου 2020 No comment

Photo Source: @EODY Emphasizing that all efforts are being made to avoid a nationwide lockdown, Greek Prime Minister Kyriakos Mitsotakis said on Thursday, that he would be announcing a new round of month-long measures aimed at curbing the aggressive resurgence of Covid-19. Mitsotakis announced the news during an inter-ministerial meeting on Thursday, after the National

Eurostat: Greece Saving Jobs Despite Covid-19 Market Shock

By admin 29 Οκτωβρίου 2020 No comment

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The Hellenic Parliament. Photo Source: @PressParliament / © Aliki Eleftheriou Greece has managed despite the far-reaching implications of the Covid-19 pandemic to protect jobs in the second quarter (Q2) of the year, according to findings presented this week by Eurostat, the EU’s statistical services. More specifically, Eurostat presented the first experimental results

Rebound in International Tourism Expected by Q3 2021, Says UNWTO

By admin 27 Οκτωβρίου 2020 No comment

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Photo source: UNWTO The World Tourism Organization (UNWTO) on Tuesday said it foresees a rebound in international tourism next year, mostly in the third quarter of 2021. However, around 20 percent of its experts suggest the rebound could occur only in 2022. “Travel restrictions are seen as the main barrier standing in the way of […]

Almost 200 European Airports May Face Insolvency Due to Crisis in Air Travel

By admin 27 Οκτωβρίου 2020 No comment

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An estimated 193 airports may face insolvency in the coming months if passenger traffic does not start to recover by year end, ACI Europe said on Tuesday. These airports facilitate 277 thousand jobs and 12.4 billion euros of European GDP. “The threat of airport closure means Europe faces the prospect of the collapse of a […]

Greece’s Jan-Sept Travel Arrivals by Road Tumble 76.1%

By admin 27 Οκτωβρίου 2020 No comment

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Promahonas checkpoint. Photo Source: @EODY Arrivals to Greece by road in the first nine months of 2020 dropped by 76.1 percent and reached only 2.5 million compared to 10.3 million during January – September 2019. According to data published by SETE Intelligence (INSETE), during January – February 2020, before the Covid-19 lockdown in Greece, road […]

IOBE: 2021 Greek Economy Rebound Hinges on Covid-19 Vaccine

By admin 27 Οκτωβρίου 2020 No comment

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The Greek economy is expected to shrink by 8.0 percent this year due to the Covid-19 shock and by 10 percent if a new lockdown is imposed, putting hundreds of jobs at risk once relief measures are stopped, the Foundation of Economic and Industrial Research (IOBE) said recently. The country’s top think tank said on […]

Report: Greece’s International Arrivals by Air Before and After Covid-19 Lockdown

By admin 26 Οκτωβρίου 2020 No comment

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Photo source: Hellenic Civil Aviation Authority (HCAA) Greece’s international air arrivals at the beginning of 2020 – before the Covid-19 pandemic spread to the country and travel restrictions were imposed – were recording an upward trend, according to INSETE. The research arm of the Greek Tourism Confederation (SETE) recently released data on Greece’s air arrivals […]

Hotels in Thessaloniki Consider Closing Until Covid-19 Begins to Subside

By admin 23 Οκτωβρίου 2020 No comment

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Thessaloniki Hotels Association President Andreas Mandrinos on Thursday painted a gloomy picture for the northern Greek city’s hotels, which are facing hard times due to the coronavirus (Covid-19) pandemic. “There are hoteliers who are thinking about closing their doors until the health situation improves,” Mandrinos said during an interview on Radio North 98, adding that

August Inbound Traveler Flows to Greece Sink Due to Covid-19

By admin 23 Οκτωβρίου 2020 No comment

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The number of inbound visitors to Greece in August 2020 was down by 73.3 percent year-on-year to 1,807 thousand as a result of restrictive measures aimed at curbing the coronavirus pandemic, according to data released by the Bank of Greece. More specifically, inbound traffic through Greek airports dropped by 58.9 percent and by 96.3 percent […]

Greece’s 8-month Tourism Revenue Down by €10.5bn

By admin 21 Οκτωβρίου 2020 No comment

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Greece posted a shrinking current account surplus in August compared to a year ago, marking at the same time a significant deterioration in the services balance due to the impact of Covid-19 on the struggling tourism sector which saw revenue drop by 10.5 billion euros in the first eight months of the year, according to […]