Tag: tourism sector

Greece’s Economy Outpaces Eurozone with Strong Growth and Optimistic Forecasts

Greece’s economy is set to continue outpacing the eurozone average, with the European Commission forecasting steady GDP growth of 2.3% in 2025 and 2.2% in 2026. Driven by strong consumption and EU-funded investment, the country also sees declining unemployment and falling public debt, despite global economic uncertainties.

Greece Approves 271 Investment Projects, Creating 4,420 New Jobs

The Greek Ministry of Development has approved 271 investment projects, totaling €858 million, expected to create 4,420 new jobs across tourism and manufacturing sectors. Targeted support is directed at areas needing economic boost, including Thessaly, Eastern Macedonia, Thrace, and the South Aegean. The Hellenic Development Bank’s DELFI fund will ensure loan access for these projects as part of Greece’s focus on sustainable, balanced growth.

Digital Work Card to start in Greek tourism and food service sectors

Digital Work Card Pilot Phase to Begin in Tourism and Food Service Sectors on Wednesday

The pilot phase of Greece’s Digital Work Card will commence on Wednesday for the tourism and food service sectors. This measure, which aims to enhance worker protection by monitoring real-time working hours and ensuring fair compensation, will be fully implemented by March 1, 2025. The initiative, currently in use for 750,000 employees in various industries, is expected to extend coverage to approximately 1.5 million workers once it includes the food service and tourism sectors. During the interim period, the Ministry of Labour will conduct webinars to assist businesses with the transition.

Greece’s Hoteliers Chief Disputes Claims of Overtourism

Yiannis Hatzis, President of the Hellenic Hoteliers Federation, has dismissed overtourism claims, citing outdated infrastructure as Greece’s real issue. He noted low hotel occupancy due to short-term rentals and a 12% drop in spending per capita from key markets. Hatzis observed a decline in high-end bookings and a cautious spending trend among tourists.

Andreas N. Fiorentinos Appointed New Secretary General of Hellenic Tourism Organisation

Andreas N. Fiorentinos has been appointed as the new Secretary General of the Hellenic Tourism Organisation by Minister of Tourism Olga Kefalogianni. Fiorentinos, with extensive experience in tourism and administration, previously served as Deputy Secretary General of the Greek National Tourism Organization and held leadership roles in the Greek Chamber of Hotels and the Panhellenic Federation of Hoteliers.

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