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Greece: 4th preferred destination in 2012

Providing interesting insights into the preferences of European travellers, the Eurobarometer survey reveals that 4% of European tourists are planning to spend their holidays in Greece in 2012, compared to 10% in Spain, 7% in Italy and 6% in France.
Moreover, Greece was the 6th most visited country in 2011. The survey also reveals that the majority of EU-residents are confident travellers, who prefer arranging their holidays by themselves, although they still rely on recommendations from family and friends about where to go. For this Eurobarometer survey, over 30,000 randomly selected citizens were interviewed in January 2012 in the 27 EU Member States as well as in Norway, Iceland, Croatia, Turkey and the Former Yugoslav Republic of Macedonia, Serbia and Israel.
(GREEK NEWS AGENDA)
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The “Economist” Conference

(GREEK NEWS AGENDA) A much timely “Economist” Conference was addressed yesterday by the country’s leadership and experts from the financial and business world.

Taking the floor, Finance Minister George Papaconstantinou availed himself of the opportunity to note that Greece’s fiscal problems are also an issue for the entire eurozone and marked that a spill-over effect will not leave other eurozone countries unaffected, especially those which are as vulnerable as Greece.
The remarks were reported one day before the European Commission announces its recommendations on the country’s stability programme , which is most likely to receive European approval.   

» “Deficit Fetishism is a Mistake”
Addressing the Conference (Discussion and Debate with Joseph Stiglitz on the World Economy 2010), Nobel Economics Laureate 2001, former Senior Vice President of the World Bank, and Professor at Columbia University Joseph Stiglitz, dismissed fears that Greece will go bankrupt, adding that, when struggling with recession, governments ought to be careful with their rectifying measures.
“Cutting deficits in the wrong way can be counterproductive.”
Kathimerini daily: Greek woes are a eurozone issue