Greek Tourism Minister Theoharis addresses coronavirus effects

·

The Greek ministries of economy, development, and tourism are examining possible measures to support business owners in the aftermath of the coronavirus outbreak.

Greek Tourism Minister Harry Theoharis told Capital TV that subsidies and facilitating liquidity were among the measures currently being considered.

Mr. Theoharis spoke about support actions to be implemented in the aftermath of the Covid-19 virus scare when the overall impact on the economy can be assessed. Measures may include facilitating liquidity so that businesses can immediately recover lost ground.

Already, the coronavirus outbreak has cost Greece 70% of Chinese tourists who have already cancelled trips, Agrophilia reports. This decrease will predictably be a devastating blow to various businesses that rely on the increased Chinese tourist flows.

Three weeks ago Mr. Theoharis minimized the impact the these China cancellations would have. But, when combined with other economic impacts, the overall blow to Greece’s healing economy may be devastating.

Minister Theoharis took note of the fact that pre-bookings in the first two months of the year are on an upward trend, but that the coronavirus effect has begun to impact reservations. The focus now, Theoharis said, is to secure the country’s trade and business advantages “even in this environment of external challenges”.

Sourced by: Agrophilia

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Sydney remembers Cyprus’ fight for freedom ahead of National Day anniversary

Cypriot and Greek Australians gathered in solemn remembrance on Sunday, 30 March, for a memorial service marking Cyprus National Day.

Greek Orthodox Community of SA celebrates 204th year of Greek Independence

The Greek Orthodox Community of South Australia commemorated Greek Independence Day with joyous festivities on Sunday, 30 March.

From alleyway to legacy: Coburg’s Kastoria Lane project gains momentum

Merri-bek City Council has greenlit public consultation for the naming of Kastoria Lane, a project set to transform a neglected alleyway.

Burwood Council celebrates Greek National Day with local community

On Wednesday, March 26, Burwood Council hosted its annual Greek National Day celebrations, marking the 1821 start of Greece's Revolution.

Canberra remembers Greece’s fight for freedom with wreath laying and cultural display

On Sunday, Canberra’s Greek community came together to celebrate one of the biggest celebrations in Greek history, Independence Day.

You May Also Like

Arkadia group release plans for new high-rise towers at Sydney’s Neutral Bay

Arkadia property group has released its plans to redevelop two north shore shopping centres into high-rise towers in Neutral Bay.

The Cyprus Club: 2023 in review

The Board of the Cyprus Community of NSW has issued a 'Year in Review' for 2023 summing everything that happened in the last 12 months.

Medals of former WWII vets given to Australian families with Greek hearts

Medals of former World War Two veterans were given to Australian families with Greek hearts at a ceremony in Melbourne.