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Athens News Agency: News in English, 06-05-09

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Gov't sets priority on tourism investment

  • [01] Gov't sets priority on tourism investment

    The government has set priority on attracting tourism investment to Greece and boosting business activity in the sector, freed from red tape, Tourism Minister Fani Palli-Petralia said on Tuesday.

    "The maturity time for investments in Greece will converge with the European average, which is about 18 months, and that will happen with repect for the law and full transparency," Palli-Petralia told a news conference.

    "Already we have 'unblocked' investment efforts that are linked to the development law and the (EU) Third Community Support Framework. Concerning the investment law, five-start hotels will be financed throughout Greece, except Athens and Thessaloniki," she noted.

    The use of funding from the Fourth Community Support Framework was being planned in order to meet the needs of the tourism market. Immediate plans included creation of a reception centre for investment proposals and business plans at the tourism ministry.

    The government had forged a long-term policy to tone up demand in the Greek tourism product, strengthen supply, and improve services.

    "This long-term policy means that the tourism ministry will be the permanent home of sector policy, regardless of government, and, more importantly, regardless of political leaders," Palli-Petralia said.

    In their final phase were bills on spa tourism and agrotourism; and a call centre was being created to answer visitors' queries in several languages.

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