The Neue Zürcher Zeitung, a Swiss German-language daily newspaper, published Gruppe in Zurich, reported in an article on Greek tourism dthat “Greek tourism alone is not enough to solve the problems” of the debt-crushed country.
“Even though Greece receives more and more tourists, the benefit for the domestic market is limited. The average sum of money spent by tourists is ever decreased in the last years,” the story noted.
The Swiss newspaper underlined: “It is possible that this year more than 17 million tourists will visit Greece surpassing the forecasts of the tourism industry. However, a good year of tourism is not enough to slow down the shrinking of Greek economy. Only a week ago the Foundation for Economic & Industrial Research (IOBE, a private, non-profit, public-benefit research organization) predicted that GDP is going to drop by 5 percent. Tourism, the “heavy industry of Greece” contributes to the economy of the country with 16.5 percent”.
Greece, after years of complacency, is reaching out to tourists again to help offset a crushing economic crisis with hoteliers hoping for a rebound after a disappointing 2012 in which visitors stayed away in the aftermath of images of protests, strikes and riots against austerity measures.