Greece: Attracting Tourism Development

Greece ranked 29th among a total of 139 countries in a survey conducted by the World Economic Forum (WEF) regarding competitiveness for the tourism sector.
The Travel and Tourism Competitiveness Report is issued annually and grades countries on a total of 60 indicators, including policy regulations, resources, safety, prices and environmental protection. According to the survey, Greece benefits from its rich cultural resources (ranked 25th), excellent health and hygiene (20th), and a top-notch tourism infrastructure (5th). Further on, the report refers to the country’s strong national affinity for tourism (compared with many other European countries), including a generally open and positive attitude toward tourists (26th). The report ranks Greece 21st among European countries.
World Economic Forum: 2011 Travel and Tourism Competitiveness Report
(GREEK NEWS AGENDA)

Advertisement

PM George Papandreou: A Year of Consolidation and Reform

Greece’s image at this year’s World Economic Forum in Davos was “positive”, Prime Minister George Papandreou said on January 28, on the sidelines of the forum. As Papandreou said, there was across-the-board acknowledgement of Greece’s efforts and of the Greek people’s and government’s determination to carry on with the reforms.
Meanwhile, in an interview with the Austrian newspaper Die Presse, Papandreou reiterated that debt restructuring is not an option for Greece stressing the efforts to achieve an extension of the repayment period of the EU-IMF loans.
See also: A year of consolidation and reform – Greece meets ambitious targets in 2010
(GREEK NEWS AGENDA)

PM George Papandreou at the World Economic Forum

(GREEK NEWS AGENDA) Speaking as part of a panel – that also included Spanish Prime Minister Jose Luis Zapatero and European Central Bank President Jean-Claude Trichet – at the annual World Economic Forum taking place in Davos, Switzerland (January 27 -31), Prime Minister George Papandreou said that Greece would not leave the euro area and would use the discipline of membership to slash its budget deficit and make long-delayed structural economic reforms. “The answer is very simple. We went [to the market] for borrowing two days ago and we were five times oversubscribed. We’re not looking for money from anywhere else…” said Papandreou. He outlined an ambitious goal to reduce the deficit by four points this year and bring it below 3% by 2012, through measures taken as part of Greece’s Stability and Growth Programme (SGP).  The premier held a meeting with EU Economic and Monetary Affairs Commissioner Joaquin Almunia yesterday, and the discussion focused on Greece’s SGP in light of the report that the European Commission will be submitting on February 3, on Greece.  European Commission President Jose Manuel Barroso – speaking in Brussels on Thursday – stressed the need for the greater coordination of economic policies in the EU, emphasising that economic policies are not only a national issue, but European as well. Referring to Greece specifically, he expressed the conviction that the Greek government must be supported in its effort to fulfil its commitments in the framework of the SGP.  See world reports – BBC.co.uk: Davos 2010: Greece denies a bail-out is needed; Reuters.com: Greece says being targeted as euro zone “weak link”