Calamos Supports Greece

Tourism

IMF Denies Withholding U.S. Tour Operator Payments To Greek Hotels

The International Monetary Fund (IMF) denied reports on Wednesday that it has ordered U.S. tour operators to withhold payments to Greek hotels after the Greek government's default on its €1.54-billion installment. According to the IMF, the fact that Athens was not consistent with its...

There Are No Black Clouds Over the Greek Tourism Industry… Yet

The tourism industry has always been a large part of the Greek economy. It accounts for 20% of the country’s GDP and brings life to many Greek islands. However, people were worried that the political uncertainty and the effects...

TUI Gives Vote of Confidence to Greece's Tourism Product, Presenting Winter Program

Travel industry giant TUI on Monday sent a message of confidence in Greece and the Greek tourist product, while presenting its winter program to German journalists in Hania, Crete. Despite the crisis being played out in the country and the...

Alt. Tourism Minister: Tourists Will Not Face Any Problem in Greece

  Greek Alternate Tourism Minister Elena Kountoura underlined that "Greece continues to guarantee the high quality of services offered to visitors that have rendered it a top international tourism destination." At the same time she stated that "the Greek tourism remains...

German Foreign Office: Tourists to Take Plenty of Cash to Greece

In view of the current financial crisis, the German government has issued an unusual advisory regarding Greece. A statement posted on the website of the German Foreign Office on Sunday instructed German citizens planning to travel to Greece on vacation...

Which Tourists Are Most Disappointed By Their Vacation in Greece?

Swedish tourists appear to complain more than any other after their visit to Greece, while most of them stated they were unhappy with Greek restaurants and hotels. The information was made public at an event to mark the 10th year...

2% Drop in Charter Flights to Greek Airports

The number of charter flights to six regional airports in Greece has dropped by 2%, according to Greek Travel Pages (GTP) quoting a report released by the Hellenic Civil Aviation Authority (HCAA). The local airports of Rhodes, Chania, Heraklion, Thessaloniki, Corfu and Kos...

Greek Islands Can't Handle Mass Migrant Influx

The situation in several islands of the Aegean Sea is out of control as hundreds of refugees and irregular migrants arrive daily from the coasts of Turkey, creating grave problems to local communities. Refugees from war-torn Syria and irregular migrants...

Alternate Tourism Minister: 'Greek Tourism Flourishes Again'

"Tourism unites the Greeks," Alternate Minister of Tourism Elena Kountoura said on Wednesday in her address to the Hospitality Forum and Awards conference. "The Greek tourism is on good course," she said quoting Bank of Greece's figures according to which...

Number of Foreign Visitors to Athens, Greece Increased Jan-May

The number of visitors to Athens and the Attica region increased in the period January-May, according to a report on Greek Travel Pages website. Citing figures released by the Athens-Attica & Argosaronic Hotel Association, during the January-May 2015 period, the...

€120m in Tips From Tourists This Year in Greece

Tourists who chose Greece for their holidays this year will leave around €120 million in tips during their stay, according to Greek newspaper "Kathimerini." The amount is determined by taking into account that 50% of international visitors will leave at least 10...

No Night Flights to Aegean Island Airports

With the summer season just around the corner, many Greek island airports across the country are facing serious problems. According to Greek newspaper "Ethnos," there have been several delays and schedule changes in flights to the airport of Mytilene over...

5+1 Reasons To Live Your Summer Myth In Greece

The countdown till summer has begun and Greece becomes the glowing oasis for anyone demanding only the best for his exodus from everyday life. Because while at work, you daydream about exotic scents and bright colors by the sea,...

Turks Dominate Eastern Aegean Transportation Market

Turkish businessmen have taken the lead in controlling the maritime transportation of eastern Aegean tourists, threatening the financial survival of Greek shipowners operating in the islands of Chios, Lesvos, Samos, Kos and Rhodes. As a result, many of them...

China's Ambassador to Greece Sees 'Brilliant' Prospects in Tourism Cooperation

The prospects of cooperation between Greece and China in the tourist sector are "brilliant," China's ambassador to Greece Zou Xiaoli said at the "The Posidonia Sea Tourism Forum," which takes place in the Athens Concert Hall, underlining that there...