Halkidiki’s Philoxenia Hotel Will Open in June

By admin 7 Μαΐου 2021 No comment

Philoxenia Hotel, Halkidiki The Philoxenia Hotel, located in Halkidiki, will open its doors on June 4 ready to offer guests carefree summer holidays in northern Greece. Located in the village of Psakoudia in the Sithonia peninsula, only an hour away from Thessaloniki’s Makedonia Airport, the recently renovated hotel complex aims to offer unforgettable vacations

Greece’s MICE Organizers Still Waiting for Health Protocols

By admin 6 Μαΐου 2021 No comment

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Photo source: @HAPCO Greece events and conferences organizers are calling on the government to announce health protocols that will allow MICE tourism to restart operations in the aftermath of Covid-19 and ahead of the country’s official opening to tourism on May 15. The Hellenic Association of Professional Congress Organizers (HAPCO) said in a statement this week […]

EU Recovery Fund Approval in Germany Halted

By admin 26 Μαρτίου 2021 No comment

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The German Bundestag. Photo source: bundestag.de Approval of a 750-billion-euro EU Covid-19 recovery fund, part of a 1.8-trillion-euro budget up to 2027 agreed by the EU’s 27 states last year, was temporarily blocked on Friday after German lawmakers had ratified it earlier. Hours after the lower and upper houses of parliament approved the fund, the […]

Green Light for EU’s €672.5bn Recovery and Resilience Tool

By admin 15 Φεβρουαρίου 2021 No comment

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The European Parliament approved last week the EU’s recovery and resilience facility, paving the way for the release of 672.5 billion euros in funding to be allocated to member states to recover after the Covid-19 pandemic subsides with a focus on green and digital transitions. The regulation establishing the new facility will come into force […]

Greece, Cyprus, Israel Deals Paving Way for Resumption of Travel

By admin 15 Φεβρουαρίου 2021 No comment

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The bilateral agreements between Greece and Israel, and Cyprus and Israel that enable restriction-free admission are paving the way for a return to travel, said Greek Tourism Minister Harry Theoharis in an interview to Kathimerini Cyprus. “The agreement we just signed with Israel serves as a model for our overall strategy. Greece is advancing in […]

Greece to Release Extra Covid-19 Aid for Coastal Shipping

By admin 8 Φεβρουαρίου 2021 No comment

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Photo Source: GTP Greece’s passenger shipping sector is set to receive extra funds to address the impact of the coronavirus pandemic. Shipping Minister Yiannis Plakiotakis on Monday announced that the ministry had secured 12 million euros in funds to be channelled into Greek shipping companies active in coastal transport. The minister underlined the crucial role of

Greek Think-tank Sees Slower Growth, Tourism in 2021

By admin 4 Φεβρουαρίου 2021 No comment

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Athens, Syntagma square. Photo: Visit Greece / Y. Skoulas Greece’s leading think-tank the Foundation of Economic and Industrial Research (IOBE) revised downward this week Greek government forecasts for a 4.8 percent rebound in 2021 lowering the projection to a 4-4.3 percent rate in its baseline scenario. The forecast, presented in the IOBE’s quarterly report, is […]

EasyJet Says ‘Yes’ to Five-year Loan Facility

By admin 11 Ιανουαρίου 2021 No comment

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Photo source: easyJet PLC British low-cost carrier easyJet PLC agreed to a new 1.87 billion dollar five-year term loan with a syndicate of banks which will boost company liquidity in the aftermath of Covid-19. The airline added that it would repay and cancel part of its shorter-term debt in the first quarter of the year, […]

Greek Consumer Confidence Picks Up Marginally in December

By admin 8 Ιανουαρίου 2021 No comment

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Syntagma Square, Athens © Maria Theofanopoulou Greek consumer confidence appears to have picked up slightly in December after five months of continuous decline due to Covid-19 lockdown restrictions, according to the Foundation of Economic and Industrial Research (IOBE). More specifically, according to the influential think tank’s latest bulletin, the economic climate

UNWTO: Plunge in 2020 Arrivals Drives Tourism Back to 1990 Levels

By admin 18 Δεκεμβρίου 2020 No comment

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Source: UNWTO The year 2020 will go down in history as the worst year on record for the tourism sector with the World Tourism Organization (UNWTO) expecting international arrivals hit by Covid-19 restrictions to plummet by 70 to 75 percent. Based on this forecast, global tourism will have returned to levels recorded 30 years ago, down […]