Surveys, Trends & Stats 2009 Budget Raises Concern by Nikos Krinis 1 December 2008 written by Nikos Krinis 1 December 2008 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 5 The Hellenic Chamber of Hotels recently expressed its deep concern in regards to government’s 2009 budget that was announced recently. According to the chamber, besides the reduction of the public investment program by 10 percent, businesses will face a 17 percent expense burden and public spending will increase by eight percent. The chamber underlined that the new budget is particularly unfavorable for the tourism industry in particular despite its significant contribution to the gross domestic product and employment. The public investment program foresees a 35 percent reduction of expenditure for the tourism industry, while the 17 percent expense burden on businesses will be particularly high for the hotel industry due to the special real estate tax that has been enforced. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail Nikos Krinis Nikos is Greek-American born in New York, USA, and has lived in Greece for over 30 years. He is the managing editor of Greece's leading monthly travel and tourism guide, the Greek Travel Pages (GTP) since June 2008 and of news site GTP Headlines since its launch in September 2012. Nikos has also served as international press officer for the City of Athens and for the mayor. He has a degree in Mass Media and Communications, specializing in Journalism. Nikos is a native English speaker and speaks Greek fluently. previous post Western Macedonia: A Four Season Destination next post Philoxenia 2008 Awards You may also like Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Greek Ministries Team Up to Form National Cycling Strategy 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
