Greek tourism bounces back, but high inflation rears its ugly head

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Greek tourism bounces back, but high inflation...
 © CyprusMail 2022
Foreign visitors are flocking back to Greece’s islands and ancient monuments, raising hopes for its vital tourism industry after a turbulent two years, though the impact of high inflation means a return to normal may still be some way off.

Greek tourism suffered its worst ever year in 2020, when the COVID-19 pandemic decimated global travel.

This year, despite a deepening global cost-of-living crisis and the continued presence of the virus, officials expect the sector to bring in 80% of the record 18 billion euros ($18.4 billion) of revenues generated in 2019.

“After two years of...


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Article automatically added to our system on Thursday, July 7, 2022

Greek tourism bounces back, but high inflation rears its ugly head


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Article Tags: #greek   #tourism   #bounces   #inflation   #rears  


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