Greek Tourism Thrives in a Down Economy

Janeen Christoff
by Janeen Christoff
Last updated: 5:00 AM ET, Tue September 20, 2016

Tourism has become one of the main economic mainstays in a struggling economy, and even though it is one of Europe's weakest economies, reports Helena Smith in the Guardian, tourism is still one of its bright spots.

"Figures released by Greece's tourism confederation, SETE, reveal the extent to which the sector is protecting Europe's weakest economy. With a 6.5 percent increase in tourist arrivals at major airports between January and August - the equivalent of about 750,000 holidaymakers - the industry accounted for eight out of 10 new jobs," Smith notes in the Guardian.

The tourism boost to the economy isn't just seen in financial numbers but also in ministry of labor data, too.

"Extrapolating ministry of labour data, the confederation said 210,226 of the 253,945 positions created in that time were either in tourist accommodation or restaurants. Unemployment, still the worst in the 28-nation bloc, fell to 23.1 percent between April and June, down from an all-time high of 28% in 2014," says Smith.

With tourism the glue behind Greece's weakened economy, it's no surprise then to hear that president Prokopis Pavlopoulos invited CNN's Christiane Amanpour to the country during an interview.

"This is a hospitable country," he said. "Hopefully you can come back next summer. After all, the Greek people are always appreciative of those who care about them."

Were Amanpour to take up the Greek president on his offer, she would not be alone.

READ MORE: Why Fall Cruising in Greece Is a Great Idea

"Industry figures say the country has not only benefited from turmoil in the Middle East, security fears in Turkey and terrorist attacks elsewhere in Europe, but also the dramatic drop in refugees in the six months since the EU signed a controversial deal with Ankara to stop the flow," notes Smith.

For more on how the Greek tourism industry is thriving, read on here.


For the latest travel news, updates and deals, subscribe to the daily TravelPulse newsletter.

Topics From This Article to Explore

More From TravelPulse

Related Videos

Janeen Christoff

Janeen Christoff

Executive Editor - AGENTatHOME | TravelPulse Content Strategy

Editor Executive Editor - AGENTatHOME | TravelPulse Content Strategy true [email protected] 9088 14744 Janeen Christoff caught the travel bug while living in London, England. After two years on the road, she settled in Los Angeles and focused her writing on

Grow Your Travel Business With Certified Courses

Travel Agent Academy
Travel Agent Academy
Majestic Resorts Specialist ProgramDiscover all-inclusive luxury at Majestic Resorts in paradise.
Travel Agent Academy
Travel Agent Academy
Los Cabos Specialist ProgramSell the magic of Los Cabos: luxury, adventure, and endless sunshine.
Travel Agent Academy
Travel Agent Academy
Allianz Specialist ProgramProtect every journey with Allianz Partners Travel Insurance.
Travel Agent Academy
Travel Agent Academy
Majestic Resorts Specialist ProgramDiscover all-inclusive luxury at Majestic Resorts in paradise.
Travel Agent Academy
Travel Agent Academy
Los Cabos Specialist ProgramSell the magic of Los Cabos: luxury, adventure, and endless sunshine.
Travel Agent Academy
Travel Agent Academy
Allianz Specialist ProgramProtect every journey with Allianz Partners Travel Insurance.

Don't Miss These Travel Agent Events and Trainings

Watch Now!
The Next Generation Of Carnival FunWednesday, September 16, 2026
2:00pm Eastern
Get ready for an exciting webinar with Janet Wygert, Carnival’s Senior Vice President of Sales and...
Upcoming Webinar
Your New Era with TrafalgarThursday, September 17, 2026
2:00pm Eastern
Trafalgar’s new era is taking shape. Join us on September 17 to learn about "Your New Era" with...
Upcoming Webinar
I Am Israel: Rediscovering the World's Most Timeless DestinationFriday, September 18, 2026
2:00pm Eastern
From new sites in the Old City of Jerusalem to culinary experiences to spiritual connections, join us...
Watch Now!
The Next Generation Of Carnival FunWednesday, September 16, 2026
2:00pm Eastern
Get ready for an exciting webinar with Janet Wygert, Carnival’s Senior Vice President of Sales and...
Upcoming Webinar
Your New Era with TrafalgarThursday, September 17, 2026
2:00pm Eastern
Trafalgar’s new era is taking shape. Join us on September 17 to learn about "Your New Era" with...
Upcoming Webinar
I Am Israel: Rediscovering the World's Most Timeless DestinationFriday, September 18, 2026
2:00pm Eastern
From new sites in the Old City of Jerusalem to culinary experiences to spiritual connections, join us...