Greek Economy Contracts a Record 15.2% in Second Quarter of 2020

The Greek Statistical Authority (ELSTAT) announced on Thursday that the Greek economy  contracted by 15.2% in the second quarter of 2020, a record which...

Moody’s Report Says Greece Can Weather 2020 Tourism Slump

The well-respected credit rating and investor service Moody's issued a new report on Monday stating that most European countries, including Greece, can weather a...

Greece Extends Unemployment, Other Coronavirus-Related Financial Measures

It was announced that a new financial package addressing the many economic ramifications of the ongoing coronavirus pandemic will be presented to Greece's Minister...

Restaurants, Cafes in Greece May be Forced to Close Earlier Due to Virus Fears

As a result of an increasing number of coronavirus infections detected around the country, Greece's Deputy Development Minister Nikos Papathanasis warned on Monday that...

Greek Economy to Receive Enormous Boost From EU Recovery Plan

  The Greek economy will receive a major boost over the coming years from the historic European Union decision to create a recovery fund, titled...

Many Hotels in Greece Still Shuttered as Tourist Wave Fails to Materialize this Summer

Despite hopes that domestic tourism, along with travelers from what was considered "safe" countries, would save the tourist season in Greece, many hotels are...

PM Mitsotakis Tells Parliament Greece One of the “Winners” in EU Agreement

    In an address to the Greek Parliament on Tuesday, Prime Minister Mitsotakis praised the deal the country received as part of the gigantic relief...

Greece’s Cruise Ship Sector Will Reopen on August 1 This Year

  The reopening of Greece's cruise sector beginning on August 1 was confirmed by Tourism Minister Haris Theoharis in a letter to the International Cruise...

Greece Records 6-Billion Euro Primary Deficit for First Half of 2020

  The Greek state budget recorded a primary deficit of 6.101 billion euros in the first half of 2020, from a budget target for a...

Cruise Ship Industry in Greece May Ramp Up in September

  The adoption of new European coronavirus directives to be observed by passengers and crew on cruise ships in Greek ports, still does not translate...

Southern Aegean Region Launches New Tourism Campaign ‘Like No Other’

The South Aegean Region recently launched a new digital campaign in an effort to help promote the Greek islands, including Rhodes and Santorini, on...

Greek PM Lauds EU Coronavirus Grant Package

    "We are returning to Athens with an overall package that exceeds 70 billion euros, an unprecedented sum for our country," Prime Minister Kyriakos Mitsotakis...

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