Tag: revenue

maslov santorini

Greece's Tourism Booms in 2024, But Sustainability Takes Center Stage

Greece celebrates record-breaking tourism in 2024 but shifts focus to sustainability, tackling overtourism at popular sites like the Acropolis and Santorini. New measures include visitor caps, increased cruise ship fees, and infrastructure investments to balance economic benefits with preserving Greece's heritage.

piraeus ship blue horizon

Greece Announces New Tourist Fees to Boost Revenue and Sustainability

Greece is implementing new fees for cruise ship passengers and tourists staying in accommodations, including short-term rentals, starting June 2025. These measures aim to generate revenue for infrastructure improvements and promote sustainable tourism practices, while still expecting record tourism revenue.

tolls

Greece Inks €3.3 Billion Lease Deal for Athens Toll Highway

Greece has signed a €3.3 billion deal with GEK Terna for the lease of a major toll highway in Athens, part of efforts to meet a fiscal goal of €5.8 billion from privatizations this year. This agreement, involving the Attica Motorway, is expected to significantly contribute to reducing Greece's public debt, the highest in the eurozone.