x

Economy

Greek Institutions Welcome EU’s Restart of Tourism Industry

ATHENS – Greek tourism leaders welcomed the European Commission's announcements and recommendations on restarting tourism in Europe on Wednesday, and said they confirmed the importance of tourism in country economies.

The Commission recommended the gradual lifting of restrictions related to the Covid-19 pandemic that have paralysed the key sector, which contributes 10 pct to the EU's GDP and accounts for 12 pct of its labor force.

"The apparently positive proposals of the EU are the first and vital step to restarting tourism," Yiannis Retsos, president of the Greek Tourism Confederation (SETE) said in a social media message. The restart of flights, inter-country agreements to open borders, the support of employment and the use of liquidity tools will shape the tourism season, he said.

Hellenic Chamber of Hotels president Alexandros Vassilikos said that the Commission's recommendations on Wednesday "emphatically confirm three things: first, the importance of tourism in all European economies; second, the extent and depth of the problems faced by all businesses in the hospitality sector; and third, the urgent need for tourism's restart."

 

RELATED

ATHENS - S&P credit rating agency upgraded Greece’s outlook to 'positive' from 'stable' on Friday, April 19, 2024 while maintaining the investment-grade rating of BBB-.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

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.

Video

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

On Monday, April 22, 2024, history was being written in a Manhattan courtroom.

PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.

WASHINGTON (AP) — A tiny Philip Morris product called Zyn has been making big headlines, sparking debate about whether new nicotine-based alternatives intended for adults may be catching on with underage teens and adolescents.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

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