Wednesday April 1, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Tourism boosts job hopes, revives car sales

Tourism remains Greeces biggest hope for a swift rebound after six years of recession, given that its expected growth to a record of 17 million arrivals from abroad this year is creating new jobs and generating investment in various domains. A rise in car sales last month has been linked to an expected bumper tourist season, while the government announcent on Thursday five-month paid training schemes for 10,000 people.

Labor Minister Yiannis Vroutsis, his tourism counterpart Olga Kefaloyianni and the head of the Association of Hellenic Tourism Enterprises (SETE), Andreas Andreadis, announced a special subsidized program to provide training and work experience in the tourism industry for 10,000 jobless people aged 18 to 29 years.

Applications can be submitted until May 27 and will benefit 2,000 university graduates and 8,000 high school or technical college graduates. The program, expected to be up and running by July 1, involves 80 hours of theory and 500 hours of practice. Payment for participants will amount to a maximum of 2,400-2,700 euros in total, depending on their educational background.

Once the five-month program is over, tourism enterprises will be provided with incentives to hire participants, as the Employment Ministry will cover their social security contributions for a period of time.

Expectations of an increase in tourism this year as well as changes in the regulations for tourism transport have led to an increase in car sales in April after a long period of decline.

Hellenic Statistical Authority (ELSTAT) data showed on Thursday that the number of new cars on Greeces roads posted an increase of 21.8 percent last month from April 2012, totaling 7,248 new vehicles. April last year had seen a massive 52.7 percent decline on an annual basis. There was also a 1.2 percent annual increase in motorcycles sold last month.

Market professionals attribute this increase to the high number of new vehicles acquired by car rental companies in anticipation of the arrival of more tourists this year, and to the liberalization of tourism transport; this means that as of this year, hotels and other tourism enterprises can operate their own vehicles in order to facilitate the transportation of tourists. More than 50 percent of the cars sold in April were corporate vehicles.

After a long time, Toyota bounced back to the top spot in car sales in April, securing a 13.1 percent share of the market, ahead of Volkswagen with 12.4 percent and Hyundai with 9.6 percent. Opel dropped to fourth on 7.9 percent with Fiat fifth, securing a 5.8 percent market share.

ekathimerini.com , Thursday May 9, 2013 (23:14)  
Fitch downgrades ratings of four Greek banks
Paris, Berlin see Greek-Russian courtship as sideshow
JPMorgan says Greek bond pessimism is overdone
Sarantis SA to buy Avas rights in Greece from Procter & Gamble
Suspect wont post bail unless convicts girlfriend is freed
The mother of two convicted members of guerrilla group Conspiracy of the Cells of Fire, Christos and Gerasimos Tsakalos, refused on Wednesday to post the 10,000-euro bail payment that would ...
Serres floodwaters submerge thousands of hectares of farmland
Thousands of hectares of farmland in Serres, northern Greece, have been submerged by floodwaters from the Strymonas River, which broke its banks on Sunday, with local officials struggling to...
Inside News
BASKETBALL
AEK could get a wild card to the Euroleague
AEK shows capable of climbing as high as third in the Basket League, as its 16-point home win over third-placed Aris on Sunday confirmed it can challenge both Aris and PAOK to the first spot...
SOCCER
Cyprus soccer eyes reunion after 60-year divorce
Turkish Cypriot soccer officials on Monday vowed to press ahead with attempts to reunite with the Cyprus Football Association, (CFA), triggering a political storm on the ethnically-split isl...
Inside Sports
COMMENTARY
Going his own way
While up until the last election we had become accustomed to referring to the coalition government led by Antonis Samaras as one featuring a split personality, no political psychoanalyst cou...
EDITORIAL
Righting the wrongs
A country that wants to move forward should study and deal with its past mistakes in a mature and responsible manner. Greece was hit by an unprecedented debt crisis and it came to the brink ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Suspect wont post bail unless convicts girlfriend is freed
2. Serres floodwaters submerge thousands of hectares of farmland
3. Greek air-traffic controllers request more resources
4. Fitch downgrades ratings of four Greek banks
5. Paris, Berlin see Greek-Russian courtship as sideshow
6. JPMorgan says Greek bond pessimism is overdone
more news
Today
This Week
1. Going his own way
2. Finance Ministry officials to discuss talks progress as EU pushes for action [Update]
3. Athens aims to tighten ties with Russia
4. Spike in migrants reaching Lesvos
5. Greek economy minister sees deal with EU/IMF on reforms next week
6. Buffett says Greek exit from euro may not be a bad thing
Today
This Week
1. Next Monday is D-Day for state funds
2. Eurogroup unlikely to be held soon to discuss Greek reforms
3. Moscow expects progress from Tsipras visit
4. Some more equal than others
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. Greece optimistic on deal with euro area next week
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.