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Athens Macedonian News Agency: News in English, 12-11-22

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

From: The Athens News Agency at <>


  • [01] Samaras in Brussels for EU Summit
  • [02] Small hotel units' viability in serious danger

  • [01] Samaras in Brussels for EU Summit

    AMNA --Prime Minister Antonis Samaras is in Brussels to participate in the EU Summit on Thursday that will focus on the EU budget for 2014-2020. Although the Greece issue and the debt crisis in the eurozone are not on the Summit's agenda, it is possible that some discussion will take place.

    Samaras will also meet with Eurogroup President Jean-Claude Juncker.

    In an announcement early Wednesday on the outcome of the Eurogroup meeting, Samaras stressed that whatever technical difficulties in finding the technical solution do not excuse any oligory or delay on the Greek issue. Our partners, together with the IMF, are obliged to do that which they have undertaken. Not only the future of our country, but the stability of the entire eurozone, depend on the successful completion of this effort in the coming days noting that "Greece has done what it should and what it had committed to do".

    [02] Small hotel units' viability in serious danger

    AMNA--The viability of small hotel units is being driven onto a very difficult path due to the further burdening from the increase in taxation and their inability to take out loans from the banks, the president of the Hotels Chamber of Greece Giorgos Tsakiris stressed on Wednesday.

    According to Zakynthos island hotels president Christina Tetradi, hotel units of an under-150 bed capability are operating marginally and are only meeting their expenses. These units are surviving because they are mostly family businesses and staffing needs are met by members of the family, she added, noting that otherwise the labor cost would skyrocket, rendering the hotels unable to stay in operation.amna

    Cephalonia hotels president Spyros Galiatsatos told AMNA that despite an 'expected' increase in tourist arrivals in 2013 the small and even the larger hotel units will once again have to wage a struggle for survival. Galiatsatos referred to very low-price contracts, stressing that "We are cheaper even than Turkey and Egypt... It's the lowest we can go".amna

    Roughly 6,000 hotel units face the danger of shutting down while the number of hotel units of all categories throughout Greece is estimated at 9,500.

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