Greece’s Tourism Chief Urges Immediate Actions for Sector Support

By admin 16 Νοεμβρίου 2020 No comment

SETE President Yiannis Retsos Greece’s main tourism body is calling for the immediate implementation of EU funding tools to support ailing sector enterprises impacted by the coronavirus (Covid-19) pandemic. More specifically, the Greek Tourism Confederation (SETE) is requesting that the government increase the limit of direct subsidies, guarantees or loans to 3 million

SETE Chief: Greek Tourism May Possibly Recover in Second Half of 2021

By admin 4 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Greece may possibly see its tourism industry recover from the coronavirus (Covid-19) crisis from the second half of next year, according to Greek Tourism Confederation (SETE) President Yiannis Retsos. Speaking to journalists on Wednesday, Retsos said that Greek tourism will see a recovery only if health developments show improvement and if EU countries agree on a […]

EU: Covid-19 Blow to Greek Economy Milder than Expected

By admin 9 Ιουλίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Economic forecast map. Source: European Commission The European Commission revised its outlook for the Greek economy on Tuesday, saying prospects for 2020 in the aftermath of Covid-19 were milder than initially expected. Greece GDP is set to contract by 9 percent this year compared to 9.75 percent as initially projected in the Commission’s previous forecast […]

Greek Tourism Receipts Plunge After Covid-19 Lockdowns

By admin 22 Ιουνίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Greek tourism receipts and incoming traffic took a hard hit in April after Covid-19 brought global travel to a standstill sinking the number of traveler arrivals in Greece by 96.2 percent and incoming revenue by 98.7 percent. According to provisional data released by the Bank of Greece (BoG) this week, travel receipts in April slid […]

Covid-19 to Hurt Greece the Most in the EU

By admin 6 Μαΐου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Greece’s economy this year is expected to be hit severely by the Covid-19 pandemic and the counter measures taken to limit its spread, according to the European Commission’s Spring 2020 Economic Forecast released on Wednesday. The forecast gives a discouraging picture for Greece in 2020, as it says the country’s GDP is expected to contract […]