IMF: Greek debt relief needs long grace, maturity periods
The International Monetary Fund (IMF) insists on the need for a generous debt relief which can only be achieved with particularly favourable repayment terms on existing loans.
Athens Hotels See No Rise in Q1 Occupancy Levels
Hotels in Athens saw no increase in occupancy in the first quarter of the year despite a growth of 6.1 percent in arrivals to the Greek capital during the same period, the Athens-Attica & Argosaronic Hotel Association said on Thursday.
Greek Ministers Sign Agreement for Tourism Development
Greek Defence Minister Panos Kammenos and Alternate Tourism Minister Elena Kountoura on Thursday signed a protocol of cooperation for the utilization of estate owned by the National Defence Ministry.
Extra Tax Measure Sparks Reaction in Greek Hotel Industry
Greece’s hoteliers are up in arms over a new indirect tax that is part of the structural reforms required as part of the country’s debt deal with its lenders.