X Industry news

Microsoft Corp will invest in the creation of a new data hub in Greece, expected to stimulate entrepreneurship and investment activity.

The Greek economy is expected to shrink by 9.5 percent in 2020 due to the Covid-19 shock, which has interrupted the country’s economic recovery, the IMF said.

The Greek Environment Ministry has tabled a bill in parliament which – once passed – will ban the use of single-use plastics by July 2021.

The European Union is looking to make rail travel more convenient and passenger-friendly, in particular for those with disabilities or reduced mobility.

Substantially hit by the Covid-19 impact on air travel, international passenger traffic at Athens Airport in September was down by 72.3% compared to the same month last year.

Restrictive measures have been announced for the entire regional unit of Achaia and the Municipality of Ioannina in Western Greece to combat the spread of Covid-19.

European aviation bodies are calling for member states to replace quarantine measures with Covid-19 testing for passengers from high-risk areas.

Keeping Greece’s tourism economy going and ensuring the health of all involved (professionals, visitors and locals) are the top priorities for the Tourism Ministry.

Small tourism accommodations in Greece are expected to have access to EU funds in the first quarter of 2021, according to the hospitality body SETKE.

Τhe European Union said it could impose sanctions on Turkey if the country continues its “provocations and pressures” on Greece.

More than half of luxury hoteliers polled by Forbes Travel Guide (FTG) are expressing optimism that the Covid-19 crisis is subsiding.

The historic Xenia property on Chios will reopen to visitors following its renovation as a modern hotel unit by Avlum Enterprises Company Limited of the Tsakos Group.

ACI World has launched a new website that provides passengers with information about the health measures in place at airports around the world.

The European Bank for Reconstruction and Development (EBRD) and the World Tourism Organization (UNWTO) are joining forces to promote sustainable tourism.

Greece has issued an aviation directive for travelers arriving from Poland and also updated previous directives regarding passengers from other countries.

Tourism-related revenues are expected to reach 20% of last year’s earnings by the end of 2020, according to Greek Tourism Minister Harry Theoharis.

Hellenic Chamber of Hotels President Alexandros Vassilikos sees a tough winter ahead for hotels in Greece due to the impact of the Covid-19 pandemic.

The EBRD estimates that Greece’s GDP will shrink by 9.5 percent in 2020 and record a 4 percent recovery in 2021.

Greece’s MICE industry has been hit hard by the Covid-19 pandemic and sector professionals are predicting a severe drop in arrivals and revenues for 2020.

Greece has announced measures for the island of Kythnos in the Cyclades, aimed at curbing the further spread of the coronavirus.