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Business conditions numerous and cumbersome: CIEM

Business conditions numerous and cumbersome: CIEM
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Special consumption tax can hurt beverage industry

Special consumption tax can hurt beverage industry
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GTP Headlines SETE Expects Slow Recovery for Greek Tourism

The recovery of Greece’s tourism industry – from the impact of the coronavirus (Covid-19) pandemic – will be a gradual, slow process that will take three to four years, Greek Tourism Confederation (SETE) President Yiannis Retsos said on Wednesday, during an online discussion with representatives of the country’s banking and industrial sector. According to Retsos, the year 2021 will be difficult, with the pandemic’s effect on tourism proving worse than expected as indicated by the epidemiological data. However, he expressed certainty that the tourism industry would eventually recover and estimated that it may take up to four years for the sector to reach the record levels of 2019.

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