Nearly nine in 10 Greeks are choosing to spend their vacations in their homeland, significantly above an average of 58 percent in other European Union countries, according to the findings of a new Eurobarometer survey on tourism for 2012 and 2013.
A total of 87 percent of Greeks said they spent their holidays in Greece in 2012. Italians and Bulgarians were close behind with 80 percent and 79 percent respectively planning their holidays in their homeland. Croatians and Spaniards came next, with 74 percent and 73 percent holidaying within the borders of their respective countries.
According to the survey, 37 percent of Greeks did not go on vacation last year, compared to an EU average of 27 percent. Financial constraints were the reason given by 72 percent of Greeks who did not go on holiday in 2012, compared to an average rate of 46 percent in the EU.
The Greek region of Western Macedonia has the fifth highest regional unemployment rate in the European Union, statistical agency Eurostat said on Wednesday.
The jobless rate in Western Maced...
Cyprus faces substantial risks to its economic outlook and a forecast recession could be deeper than forecast, its central bank governor said in a prepared speech on Wednesday.
The island st...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
One of the biggest problems dragging the Greek economy down is the pressure placed on entrepreneurs aspiring to do business in sectors dominated by the “pirates” and “pimps” of the business ...
Greek taxpayers have had to pay dozens of millions of euros for the restoration and conservation of the capital’s landmark buildings, including Athens Polytechnic and the so-called neoclassi...