
Athenians have begun their holidays and are departing Greece’s capital in droves, with ferries leaving Piraeus at or near capacity.
Over the past three weeks, 360,000 persons have already left the city for their summer holidays through Piraeus, according to reports at MEGA TV.
As a result, traffic at Greece’s main port of Piraeus, where the bulk of the country’s passenger ferries docks, is high and ships are leaving at or near capacity.
Just this morning, ferries from Pireaus to the Cyclades islands left with a 75% occupany rate.
According to the report, Paros is a popular destination this year among younger travelers departing from Piraeus due to the availability of cheap travel packages for those who booked in advance.
Greece is positioned among the leaders in increased inbound tourist spending since the start of 2024, currently holding the second position with a notable 25% growth.
The country made history in 2023 by securing the ninth spot among the top ten countries worldwide, marking its first appearance at this level, as reported by the World Tourism Barometer of the World Tourism Organization.
Source: tovima.com


Latest News

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)