Eurostat: Greece Unemployment at 17% in May

By admin 1 Σεπτεμβρίου 2020 No comment

The Hellenic Parliament in Athens. Greece’s jobless rate increased from 15.7 percent in April 2020 to 17 percent in May, according to the latest data released by Eurostat, the EU’s statistical service, on Tuesday. Hardest hit were the young under 25, with the unemployment rate reaching 37.5 percent in May against 32.6 percent in April. […]

Moody’s: Greece’s Debt Durable Despite Tourism Decline

By admin 31 Αυγούστου 2020 No comment

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Athens, Greece Despite the slowdown in tourism and the far-reaching repercussions of the coronavirus (Covid-19) pandemic, Greece’s debt remains durable, Moody’s Investors Service said in a report this month. According to the ratings firm, Southern European countries, which rely greatly on tourism, are most exposed to the credit impact. However, Moody’s retained its “B1”

Piraeus Port Container Handling Leader in the Med

By admin 31 Αυγούστου 2020 No comment

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Piraeus port. Photo Source: Lloyd’s List Piraeus port leads the way in container handling capacity in the Mediterranean, holding fourth spot in Europe, and 26th rank globally, according to the One Hundred Container Ports 2020 report released by Lloyd’s List. More specifically, the Cosco-managed Piraeus Port Authority (PPA) handled a total of 5.65 million teu

Insurer AXA Lists Greece Among Top Countries for Quarantine-free Travel

By admin 28 Αυγούστου 2020 No comment

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Greece together with the Seychelles and Tanzania have been listed as the best countries for travelers who do not want to undergo self-isolation, according to AXA Gulf, one of the largest international insurers in the Gulf Cooperation Council (GCC). AXA said the list was in response to high demand from travelers from the GCC, namely […]

Athens Hotels 7-month Occupancy Down by 49.2% Due to Covid-19

By admin 27 Αυγούστου 2020 No comment

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Athens, Greece The Greek capital’s hospitality sector suffered a major blow due to the coronavirus pandemic in the first seven months of the year marking a 49.2 percent decline in occupancy, according to data released on Thursday by the Athens – Attica & Argosaronic Hotel Association. More specifically, according to the study conducted by GBR Consulting,

Study: Coronavirus Affecting Leisure Travel More

By admin 27 Αυγούστου 2020 No comment

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Leisure travel appears to be among the hardest-hit segments with business travel the least affected by the coronavirus pandemic, according to the latest report by Swiss research agency m1nd-set. Global uncertainty due to the crisis reveals that Covid-19 will have a greater impact on leisure travel as 45 percent of Europeans say their plans for […]

Greek Coastal Destinations Winning Over Tourists in Covid-19 Times

By admin 26 Αυγούστου 2020 No comment

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Paleo Faliro, Attica/ Photo © NIKOS DANIILIDIS – Wikipedia Hotel occupancy rates in Athens dropped by 30 percent but the South Aegean Region saw arrivals rise by 171 percent and flights by 154 percent in the first two weeks of August reflecting a clear preference for sea and sun. According to Greek daily Naftemporiki, Attica’s […]

Study: Tourists Ready to Travel, If Safety Measures Are in Place

By admin 26 Αυγούστου 2020 No comment

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Photo Source: Travelport The majority of travelers are now ready to consider booking domestic and international trips, but only if airlines, airports, hotels and car rental companies collectively implement 10 different safety measures throughout their journey, including fully flexible or refundable flight tickets. A study released by Travelport found that at all

UN Chief: Covid-19 Puts 100 Million Tourism Jobs at Risk

By admin 25 Αυγούστου 2020 No comment

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Photo Source: UNWTO The global tourism industry has been hit hard by the coronavirus (Covid-19) pandemic, putting as many as 100 million direct tourism jobs at risk, United Nations Secretary General Antonio Guterres said in a policy brief that was released on Tuesday. The policy brief refered to the impact that the pandemic has had […]

Greece Expects Tourism Revenues to Reach €5bn in 2020

By admin 24 Αυγούστου 2020 No comment

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Greece’s government spokesman, Stelios Petsas. Photo source: Media.Gov.gr Greece’s tourism revenues will reach 5 billion euros this year, Government Spokesperson Stelios Petsas said on Tuesday. Speaking on Greek public broadcaster ERT, Petsas said that restarting tourism in Greece was a positive move that will generate 5 billion euros in revenues for 2020. “This is a […]