A total of 73,502 new jobs were created in June, up by an additional 35,954 against June 2020 mostly driven by the re-opening of the tourism and F&B sectors, according to the Greek labor ministry. More specifically, based on the labor ministry’s Ergani employment system, 250,610 jobs were created in the first half of the […]
The Greek economy is expected to expand by 4.3 percent this year and 6 percent in 2022, according to the European Commission’s Summer 2021 Economic Forecast released on Wednesday. In its 2021 interim report, the Commission revised upward its outlook for Greece compared to May, when it forecast 4 percent growth in 2021 and the […]
The majority of Greek hoteliers expect the impact of the Covid-19 health crisis to last, according to a nationwide study conducted by the Ionian University’s Tourism Department. More specifically, according to the study titled “Response of Greek Hotel Units to the New Conditions of the Covid-19 Pandemic”, 84.4 percent of those polled said they believe […]
Photo source: WTTC Economic Trends Report 2021 The World Travel & Tourism Council’s (WTTC) annual Economic Trends Report, released earlier this week, reveals the “dramatic impact” of Covid-19 on travel and tourism around the world. According to the latest data, Asia Pacific was the region hit hardest by the pandemic, followed by Europe. More specifically, […]
The Greek economy is showing signs of recovery but uncertainty due to emerging Covid-19 virus mutations and their potential impact on tourism pose a risk, said the Bank of Greece (BoG) in its report released this week. More specifically, in its Monetary Policy Report 2020-2021, the BoG forecasts economic growth at 4.2 percent this year […]
Greece is holding strong in Europe in terms of overnight short-term rental bookings, according to a study released this week by Eurostat, the EU’s statistical agency. The agency’s first statistics on short-term accommodation cover national, regional and city-level data on the number of stays booked and the number of nights spent in 2018 and 2019 […]
Greece is following in the footsteps of Europe, where the rebound in tourism post-Covid-19 is already underway, according to a new tool developed by global analysts Oxford Economics. According to the new EU Tourism Tracker, tourism in Europe is gathering speed, up by 20 percent against 2020 levels and by as much as 36 percent […]
Photo source: European Parliament Airlines in Europe have failed to protect the rights of passengers during the Covid-19 pandemic, including not offering refunds, said the European Court of Auditors (ECA) this week. In its report released on Tuesday, the ECA confirmed that many airlines are not refunding customers despite having be awarded 25 billion euros […]
Photo source: UNWTO The crash in international tourism due to the coronavirus (Covid-19) pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021, according to an UNCTAD (United Nations Conference on Trade and Development) report released on Wednesday. According to the UNCTAD, the estimated loss […]
Greece is feeling the impact of Covid-19 for one more year reporting a 74 percent drop – among the highest declines in the EU – in the number of overnight stays between April 2020 and March 2021, according to the latest data released by Eurostat. Overnight stays at EU tourist accommodation facilities dropped by 61 […]


















