Greek Tourism Minister Welcomes ECOFIN Update on VAT Rules

By admin 8 Δεκεμβρίου 2021 No comment

Greek Tourism Minister Vassilis Kikilias welcomed a decision this week by EU finance ministers to proceed with the update of value-added tax rules which would pave the way for the reduction of VAT rates on all Greek islands. “The reduction of VAT on the islands is very important for the competitiveness of the country and […]

Athens–Attica Hoteliers Reelect Lambrini Karanasiou-Zoulovits as President

By admin 8 Δεκεμβρίου 2021 No comment

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The Athens – Attica & Argosaronic Hotel Association has reelected Lambrini Karanasiou-Zoulovits as president for a new three-year term. Karanasiou-Zoulovits is the managing director of the Polis Grand Hotel in the center of the Greek capital. After the election process, she thanked the association’s members for their trust. “I wish to thank the new Board […]

UNWTO Calls Against Blanket Travel Restrictions

By admin 8 Δεκεμβρίου 2021 No comment

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Photo source: European Union / Photographer: Xavier Lejeune The World Tourism Organization (UNWTO) is calling out against the introduction of blanket restrictions on travel, as witnessed in recent days. This call echoes the concerns raised by UNWTO members during the 24th UNWTO General Assembly that took place in Madrid, Spain, between 30 November–3 December. Countries

Lamda Presents Destination of the Future: Ellinikon Commercial Hub

By admin 8 Δεκεμβρίου 2021 No comment

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Lamda Development, the company behind the mega-Ellinikon project to go up at the former Athens airport on the city’s southern coast, will invest more than 600 million euros in the creation of a new state-of-the-art commercial and business center. Plans for the Ellinikon Commercial Hub presented this week include establishing it into a new retail […]

ELSTAT: Greece Economy Bounces Back in Q3 Driven by Tourism

By admin 7 Δεκεμβρίου 2021 No comment

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Strong tourism performance helped Greece’s economy rebound in the third quarter (Q3) of the year despite the ongoing Covid-19 pandemic, with the gross domestic product (GDP) increasing by 2.7 percent over Q2 2021 and up by 13.4 percent over Q3 2020, according to provisional data released on Monday by the Hellenic Statistical Authority (ELSTAT). Greece’s […]

Eurogroup Approves Release of Next €767m Tranche for Greece

By admin 7 Δεκεμβρίου 2021 No comment

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Photo source: @EUCouncil The Eurogroup approved the release on Monday of 767 million euros in aid as part of Greece’s enhanced surveillance and debt support program, said Greek Finance Minister Christos Staikouras. Eurozone finance ministers who met in Brussels on Monday and were briefed on the findings of the Commission’s 12th enhanced surveillance report for […]

Poll: Greece Among Top 10 European Destinations for Source Markets

By admin 7 Δεκεμβρίου 2021 No comment

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Greece is in the top 10 European destinations of choice for travelers coming from key source markets, according to the latest study released this week by INSETE, the research department of the Greek Tourism Confederation (SETE). More specifically, according to the “Trends and Preferences for International Travel Among Greek Markets in Europe and the US” […]

Greece Aims to Launch Tourism Business Accessibility Label

By admin 7 Δεκεμβρίου 2021 No comment

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Greece is pushing ahead with actions that will make popular tourist destinations accessible to all people with disability, announcing new certification in this direction for tourist enterprises and beaches. The news was announced on the International Day of Persons with Disabilities by Tourism Minister Vassilis Kikilias, who said actions and initiatives in this direction

Report: Culture Sector Can Become Competitive Advantage for Greece in post-Covid Era

By admin 7 Δεκεμβρίου 2021 No comment

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Photo source: Delphi Economic Forum The Culture and Creative Industries (CCIs) have the potential to become Greece’s competitive advantages and support economic recovery in the post-Covid-19 era, a recent report by the Delphi Economic Forum indicates. Titled “2021 The International Year of Creative Economy”, the report is a summary of the discussions on creative

Greece to Receive Parthenon Frieze Fragment from Italy

By admin 7 Δεκεμβρίου 2021 No comment

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Acropolis, Athens. Photo by GTP A fragment of the Parthenon frieze will be returned to Greece from a museum collection in Italy, under a long-term loan agreement, the Greek Culture Ministry announced last week. “Subject to the positive opinion of Greece’s Central Archaeological Council (KAS), the fragment is scheduled to arrive to the Acropolis Museum […]