GREEK TOURISM

Americans are looking for villas and hotels in Greece

“There will be a targeted support plan for tourism,” Finance Minister Christos Staikouras

Minister of Tourism Haris Theocharis accepted the “Global Champion Award for COVID-19 Crisis Management”

Hurry up and book now, as demand will be great says CEO

The main objective is to avoid with every means a possible third wave of the epidemic which would be a death knell for both the Greek economy and society.

It is no coincidence as Virology Professor Nikos Sypsas said that the virus is now mainly targeting young people and not elderly people who are more cautious in their behaviour.

It revealed that the economy’s exclusive reliance on tourism just as all things one-sided is dangerous while risk-spreading can save the day.

The state owes a whopping 2.17bn euros in returns of taxes/arrears, pending pensions and lump sum payments, and VAT returns and payments of invoice commissions to businesses.

As of June 15 Athens' Eleftherios Venizelos International Airport will open up flights from countries with good epidemiological criteria. 

Athens is hoping that its pristine public health profile will attract international tourists and the government decided to reject proposals for the pre-departure Covid-19 tests for tourists travelling to Greece.

Even if not all countries adopt it or objective obstacles do not permit it in some countries there is an opportunity for inter-state agreements based on the Commission’s recommendations, principles, and rules.

Government spokesman Stelios Petsas said today that it would be ironic to be telling people to stay home [to halt the spread of the coronavirus] even as they are being evicted.

Prolonging protection from foreclosure of the primary residence of delinquent debtors is right now a major sticking point in talks with Greece’s creditors.

 'Based on the current situation, we will not use all tools,' the finance minister said, adding that 1.5bn euros are earmarked for bolstering employment and will be disbursed through the SURE programme

The government is at once offering assurances that it will include as many types of businesses in its stimulus package and underlining rthat it is still bound by fiscal strictures despite inclusion in the ECB's QE programme.

The drastic reduction in the number of flights of European and other air carriers by 70 percent or higher is an early indication of the travails that are in store for Greek tourism.

The aim is to strike a delicate balance between the rights and needs of both labour and business within the extremely tight fiscal framework that is the legacy of Greece’s bailout memorandums.

Erdogan’s court was rife with scandals. He gave himself a 1mn dollar monthly salary, his assets were said to be worth nearly one billion dollars, and he provoked everyone.

The damage from its bankruptcy although it has not yet been calculated is huge and many Greek businesses can be destroyed.

Tourism-related investment activity amounted to 5bn euros, of which 1.9bn concerned domestic added value.