Greek airline SKY express has entered into an interline agreement with American Airlines and said the deal will create the conditions for greater traveler inflow from the United States due to the possibility of booking a single ticket across the networks of both air carriers. According to SKY express, the deal significantly facilitates the process […]
Greece’s economy took a turn for the better in the second quarter of the year, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The country’s gross domestic product (GDP) rose by 3.4 percent against the first quarter of 2021 and increased by 16.2 percent in April-June compared to the corresponding quarter […]
Greece tourism professionals are once again revising downwards their projects for 2021 in view of an imminent fourth wave of the Covid-19 pandemic. Industry insiders now say that recovering 50 percent or approximately 9.1 billion euros of 2019 tourism activity – the government’s target – is near to impossible. In view of the uncertainty surrounding […]
The tourism sector can help the Greek economy recover post-Covid-19, said the country’s largest economics research institute on Friday. The Center of Planning and Economic Research (KEPE) released a study titled “Can Tourism Save Growth for 2021?”, according to which the industry can for this year reinforce the Greek economy until other activities resume. KEPE […]
Syntagma Square, Athens. Photo © GNTO/Y Skoulas The Covid-19 health crisis has cost the Greek government 40 billion euros in the 2020-2021 period which has gone into supporting impacted businesses, employees and households. Greek Finance Minister Christos Staikouras said 15.9 billion euros have so far been allocated in 2021, 4.5 billion euros of which to […]
Photo source: Hellenic Civil Aviation Authority Greek authorities announced on Wednesday that they were seeking to recruit special advisors to oversee the tender process for the concession of the Kalamata Airport, paving the way for the development of the country’s 23 smaller regional airports. More specifically, the Hellenic Corporation of Assets and Participations (HCAP)
Greek ministers of finance, Christos Staikouras, and labor, Kostis Hatzidakis. Photo source: cstaikouras.gr Greek Finance Minister Christos Staikouras announced a new 1-billion-euro round of Covid-19 support aimed at keeping impacted businesses above water and jobs in place. Aid actions to support companies, employees, and households affected by the coronavirus
The liquidity gap for Greek businesses will be halved this year with tourism-related activities remaining under strain, said the National Bank of Greece (NBG) in a sectoral report released this week. Source: NBG After taking a blow in 2020 due to Covid-19, 2021 is expected to be a year of gradual recovery for Greek businesses […]
Greece may see growth in the third quarter of the year provided a large part of its population and of its tourism source markets are vaccinated against Covid-19 by June, said Greece’s Center of Planning & Economic Research (KEPE) in its new report this week. “If all goes well, there will be a possibility of […]
Coronavirus pandemic restrictions took a toll on Greece’s retail activity in 2020 when sales dropped by 15 billion euros impacting for the most part very small, small and medium-sized enterprises. According to market professionals speaking to Greek daily Kathimerini, holiday turnover shrunk by 1.5 billion euros. Losses, they say, would have been greater had it […]


















