x

Economy

Greece’s 2020 Tourism Season Took Beating from COVID-19

ATHENS — Dependent on tourists for as much as 20 percent of the country's Gross Domestic Product (GDP) of 168.21 billion euros ($200.3 billion,) the sector took a brutal hit in 2020 as the COVID-19 pandemic raged, falling 61 percent.

That was according to figures released by Eurostat, the European statistical agency which revealed that Greek suffered more than other countries because of a dependency on tourism as it tries to broaden its sources of income.

Eurostat said this drop was reflected in the number of nights spent in EU tourism accommodation establishments between April 2020 and March 2021, falling from 2.8 billion nights to 1.7 billion from April 2019-March 2020. 

Among the EU member-states with available data for the period under study, the highest decreases were recorded in Malta, where tourism fell 80 percent, then Spain at 78 percent, followed by Greece, Portugal and Hungary, reported the Chinese news agency Xinhua.

RELATED

VATICAN CITY — The Vatican's sprawling financial trial may not have produced any convictions yet or any new smoking guns as prosecutors work through a first round of questioning of the 10 suspects accused of fleecing the Holy See of tens of millions of euros.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Mission…to Amyntaio, a TNH Documentary by Clelia Charissis

Dear readers, let me briefly introduce myself, while wishing you "a summer full of positive energy and good health.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.