Saturday November 1, 2014 Search
Weather | Athens
18o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greek tourism set for another record year, industry body says

Tourism in Greece, which accounts for about one-sixth of the economy, is set to reach a second consecutive record as European travelers return to the country ravaged by six years of recession.

“Forecasts show 2014 will be another record year,” said Andreas Andreadis, president of the Association of Greek Tourism Enterprises. As many as 18.5 million tourists will visit Greece this year, compared with 17.9 million in 2013, generating 13 billion euros ($18 billion) in revenue, he said. “Almost all traditional and new markets are showing positive, encouraging signs.”

Prime Minister Antonis Samaras has called the country’s tourist industry “the first locomotive that started and began to pull our economy out of a painful six-year recession” that’s seen unemployment reach a record 28 percent. If Greece beats a target of 24 million visitors by 2021 it would add 9 percentage points in GDP while creating 300,000 jobs, Andreadis said in an e-mailed response to questions.

Tourism accounted for 16.4 percent of Greek gross domestic product in 2012, according to World Travel and Tourism Council figures, one of the highest contributions in Europe. About 1 million people will work in the industry by 2021, according to the Greek association, known as SETE.

Long-term tourism targets are based on assumptions of political and macroeconomic improvements in the country, Andreadis said. “Political stability within Greece, and achieving the rest of our national objectives, will hopefully ensure that 2021 targets will be reached and surpassed,” he said. Greece will also need to invest 3.3 billion euros per year, mainly in infrastructure, he said.

Pre-booking figures indicate Greece can expect more tourists from Germany and France this year and a 10 percent rise in visitors from the U.K., according to the most recent figures from SETE. More Germans visit Greece than any other nationality, followed by the U.K., the Former Yugoslav Republic of Macedonia, France and Russia.

The association is also in talks with the Greek government about public-private industry initiatives, Andreadis said, adding that monuments, museums and other antiquities sites should remain under state protection.

[Bloomberg]

ekathimerini.com , Wednesday February 26, 2014 (09:48)  
Disposable income of households fell 10.3 pct in one year
Banks unhappy with bad loans bill
State debtor numbers grew in September
Reform plan among conditions
Ministry swap halts talk of reshuffle as reforms eyed
Prime Minister Antonis Samaras on Friday appointed Nikos Dendias as defense minister, replacing outgoing Dimitris Avramopoulos, who assumes the European Commission’s immigration portfolio ne...
Turkish-Greek cooperation in Aegean helps stem flow of migrants
Closer cooperation between Greek and Turkish coast guard authorities has led to 11,000 undocumented migrants being prevented from entering Greek borders and returned to the neighboring count...
Inside News
BASKETBALL
Spanoulis played Zeus for Olympiakos against Neptunas
Captain Vassilis Spanoulis helped Olympiakos narrowly avoid an upset on Friday as it defeated Euroleague debutant Neptunas Klaipeda 85-81 in overtime in Lithuania to preserve its perfect sta...
BASKETBALL
Obradovic watches Greens thrash his Fenerbahce
The second homecoming of former Panathinaikos coach Zeljko Obradovic, now at Fenerbahce, was not as emotional as last year’s, but it was certainly was the night of an emphatic triumph for th...
Inside Sports
COMMENTARY
The judiciary’s responsibility
The reform efforts over the past few years have begun to bear fruit. Greece has improved its standing in the World Bank’s Doing Business rankings, rising 48 positions from 2010 to 61st place...
EDITORIAL
Findings raise eyebrows
An investigation into money transferred to foreign banks by civil servants since 2010, when Greece’s brutal debt crisis erupted, has come up with some striking findings. The checks, which we...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Spanoulis played Zeus for Olympiakos against Neptunas
2. Disposable income of households fell 10.3 pct in one year
3. Banks unhappy with bad loans bill
4. State debtor numbers grew in September
5. Reform plan among conditions
6. Ministry swap halts talk of reshuffle as reforms eyed
more news
Today
This Week
1. Archaeologists find underground vault at Amphipolis tomb
2. Man shot dead, woman injured in Vathis square attack
3. Greek retail sales rise for third month in a row
4. Cyprus’s Georgiades bets on economy for Irish-style bailout exit
5. Germany’s 10-year bonds decline before euro-area inflation data
6. New defense minister to be appointed without reshuffle
Today
This Week
1. Austria’s creative bookkeeping beats Greece on secret debts
2. End of reason, end of humanity
3. Clean bill of health for Greek banks from stress tests
4. Samaras pledges action after flash floods in Athens
5. Eurobank, National Bank restructurings eliminate capital gap
6. Athens flood damage assessed, compensation payments to begin
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.