Ionian Island Waterway Network Operation Deferred to 2021

By admin 6 Απριλίου 2020 No comment

Photo source: Water Airports SA The operation of the first waterway network in Greece, set to link the Ionian islands, has been deferred to 2021 due to the effects on tourism of the coronavirus (Covid-19) pandemic, according to key project investor Water Airports SA. “By the looks of things, seaplanes will not be flying over […]

Europe’s Hard-hit Aviation Industry Calls on EU to ‘Act Now’

By admin 6 Απριλίου 2020 No comment

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Photo Source: @ACI Europe Europe’s aviation stakeholders are calling on EU governments to step up actions aimed at protecting the industry from falling into liquidity as the Covid-19 crisis pushes ahead. Airlines for Europe (A4E), Airline Catering Association (ACA), Airports Council International (ACI EUROPE), Airport Services Association (ASA), The European Travel Agents’

OECD Forecasts Post-Covid Slowdown of the Greek Economy

By admin 6 Απριλίου 2020 No comment

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The Greek economy is expected to suffer a blow once the coronavirus pandemic subsides due to its heavy reliance on tourism, according to the Organization for Economic Cooperation and Development (OECD) on the back of a previous study that found the impact of the health emergency on global tourism to last throughout the year. More […]

Greece Bets on Contemporary Culture with €15m Boost

By admin 6 Απριλίου 2020 No comment

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The Greek Culture Ministry announced last week that it would be allocating 15 million euros in funds to enhance contemporary culture and support artists during the coronavirus pandemic. According to the ministry, culture accounts for 3 percent of Greece’s working force with 100,000 employees in over 40,000 mostly small and medium-sized businesses. With the onset […]

Covid-19: Germany Suspends Refund Obligation of Airlines for Canceled Flights

By admin 6 Απριλίου 2020 No comment

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The so-called “Corona-Cabinet” of the German Federal Government recently decided to temporarily suspend the reimbursement obligation for flights canceled due to the coronavirus (Covid-19) pandemic. The regulation advocated by the Federal Government sees that direct repayments to consumers be made only in cases of hardship. In all other cases, customers shall receive

Covid-19: Greece Imposes Curfew on Mykonos

By admin 6 Απριλίου 2020 No comment

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Greek authorities have announced stricter lockdown measures for the popular Greek islands of Mykonos and Santorini, in efforts to prevent the further spread of COVID-19. Following a recent announcement by Deputy Minister of Civil Protection Nikos Chardalias, a strict curfew will be imposed on the residents of Mykonos, starting today (Monday) and for the next […]

Covid-19: Greece Planning Targeted Actions for Tourism Sector

By admin 5 Απριλίου 2020 No comment

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Chania, Crete. Photo Source: Visit Greece Greek Finance Minister Christos Staikouras on Sunday said the government is planning targeted actions for tourism to limit the Covid-19 outbreak’s impact on the sector. Speaking to Skai TV, the minister said the Covid-19 crisis has triggered a recession which is estimated to reach almost 4 percent of GDP. […]

Covid-19: Commission Approves €2bn Greek Guarantee Measure to Support Companies

By admin 3 Απριλίου 2020 No comment

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The European Commission on Friday approved a 2-billion-euro Greek aid scheme to support the country’s economy economy in the context of the coronavirus (Covid-19) outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on March 19, as amended on April 3. Greece notified to the Commission a support measure […]

Pandemic Spurs EU MPs to Call for More Refugee Support

By admin 3 Απριλίου 2020 No comment

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Photo Source: @European Parliament European lawmakers urged member states to stay united and offer Greece more support in its efforts to deal with the ongoing refugee crisis, after a Civil Liberties Committee assessed the situation at the country’s external borders this week. MEPs underlined that solidarity with frontline countries was key and that migration should […]

Global Air Passenger Traffic Sees Steepest Decline Since 9/11, Says IATA

By admin 3 Απριλίου 2020 No comment

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Global passenger traffic data for February 2020 showed that demand (measured in total revenue passenger kilometers or RPKs) fell 14.1 percent compared to the same month in 2019, due to the coronavirus (Covid-19), the International Air Transport Association (IATA) said on Thursday. “This was the steepest decline in traffic since 9/11 and reflected collapsing domestic […]