Sunday, 12 July 2015
Greece: Tourists Flocking to Greece’s Collapsing Economy
Greek Alternate Tourism Minister Elena Kountoura announced that “Greece continues to guarantee the high quality of services offered to visitors that have rendered it a top international tourism destination.”
At the same time she stated that “the Greek tourism remains high on the tourists’ preference. The tourists that are currently in Greece as well as those that are going to come will not be in the least affected by the latest developments and can continue to enjoy their vacations in Greece without the slightest problem.”
Everyone in Greece is subject to a 60 (USD 672) limit on ATM withdrawals. Greece’s Ministry for Economy, Infrastructure, Shipping and Tourism put out a statement that “the restriction measures on the capitals imposed by the Greek authorities do not refer to those who want to make transactions via ATM with credit or debit cards issued abroad.”
“The Ministry does not anticipate any disruptions in visitor’s every day holiday experience, neither in the islands nor in mainland Greece, as there are adequate fuel supplies, products and services” the statement read.
Keeping visitors coming is the key to Greece’s economy. Tourism contributed to USD 39 billion to Greece’s GDP, or 17.3%, according to data from the World Travel and Tourism Council. By 2025, the industry is expected to hit USD 58 billion, or 19.8% of GDP.
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