G20 Tourism Ministers Promise to Help Industry Recover from Covid-19

By admin 27 Απριλίου 2020 No comment

G20 nations on Friday pledged to provide support to travel and tourism, one of the most heavily affected sectors by the Covid-19 pandemic. “We commit to working together to provide support to the sector and welcome the national efforts to mitigate the social and economic impacts of the pandemic by G20 countries,” the ministers said […]

Covid-19: Air France-KLM Group Secures Billions in Funding

By admin 24 Απριλίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

The Air France – KLM Group has secured at least 9 billion euros in government aid dedicated to Air France and KLM following talks with the French and Dutch governments. The announcement follows the Group’s statement in early April that a liquidity injection would be necessary in the third quarter of 2020 given the major […]

Covid-19: MEPs Call for EU Action Plan for Tourism

By admin 21 Απριλίου 2020 No comment

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The European Parliament’s Transport and Tourism Committee on Tuesday urged the Commission to come up with a European action plan to help the tourism sector overcome the coronavirus (Covid-19) crisis. In a debate with Internal Market Commissioner Thierry Breton, MEPs reiterated that the tourism sector needs more support in the ongoing Covid-19 crisis through specific […]

Covid-19: Greek Hotels Open During Pandemic to Receive Financial Aid

By admin 15 Απριλίου 2020 No comment

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The year-round hotels in Greece that are operating during the coronavirus (Covid-19) pandemic will be able to receive financial aid, according to a recent decision by the ministries of finance and tourism. The hotels in question are exempt from a government decision that ordered the temporary shutdown of the country’s year-round hotels to limit the […]

Covid-19: Greece to Allocate €15m for Coastal Shipping

By admin 15 Απριλίου 2020 No comment

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The Greek Ministry of Maritime Affairs & Insular Policy on Tuesday announced that 15 million euros will be given to support of Greece’s ferry transport services to the country’s islands due to the impact of the coronavirus (Covid-19) pandemic on the country’s coastal shipping sector. Following contacts with representatives of the Greek shipping industry, the […]

Covid-19: Greece Covers Canceled Bookings with Vouchers Instead of Refunds

By admin 14 Απριλίου 2020 No comment

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The regulation allowing Greek airlines, ferries and tourism enterprises (hotels and travel agencies) to reimburse customers with 18-month vouchers for bookings that were canceled due to the coronavirus (Covid-19) pandemic, instead of cash refunds, was published in the Government Gazette on Monday. The measure ensures that holidaymakers will not lose their money and will

Covid-19: Eurogroup Agrees on €500bn Rescue Plan for Workers, Businesses and Public Finances

By admin 10 Απριλίου 2020 No comment

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Eurogroup President Mario Centeno. EU finance ministers on late Thursday agreed on a 500-billion-euro (or some half-trillion euros) rescue package for member-states to deal with the effects of the coronavirus (Covid-19) pandemic. “Today, we agreed upon three safety nets and a plan for the recovery, to ensure we grow together, not apart, once the virus is […]

GNTO and Greek Small Islands Network Discuss Covid-19 Crisis Action Plan

By admin 9 Απριλίου 2020 No comment

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The port of Ithaki island. The main challenges created by the coronavirus (Covid-19) pandemic on the country’s small islands were addressed during a video conference call between Greek National Tourism Organization (GNTO) President Angela Gerekou and island municipal authorities, members of the Hellenic Small Islands Network. “From the onset, the tourism ministry and the

Covid-19: Greek Tourism Businesses to Offer 18-month Vouchers Instead of Refunds

By admin 8 Απριλίου 2020 No comment

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The Greek Tourism Ministry recently announced that under a new regulation, tourism enterprises and airlines in Greece will be able to reimburse their customers by issuing 18-month vouchers in efforts to mitigate the effects of cancellations due to the coronavirus (Covid-19) pandemic. Aiming to address liquidity issues for Greek travel agencies, hotels and airlines, as

Covid-19: Commission, EIF Announce €8bn in Urgent Relief for Hard-hit SMEs

By admin 7 Απριλίου 2020 No comment

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In efforts to facilitate cash flows for 100,000 small and medium-sized businesses impacted by the coronavirus (Covid-19) pandemic, the European Commission and the European Investment Fund (EIF) unlocked 8 billion euros in funding this week. More specifically, the guarantees – to be made available this month through local banks and lenders – will