Originally Posted by
mtimmer
Well, I guess I'm not surprised that the Minister of Tourism said there will be no impact on the tourism industry in Greece!
Still I appreciate the good points that have been made here.
Usually when a country is undergoing an economic crisis, it's somewhat beneficial as a foreign traveller since it depresses their currency. But since Greece is on the Euro, the impact isn't as great. (Although it seems to have contributed somewhat to the Euro's recent softening...
Of course. Tourism is their bread and butter. It's their largest industry. Tourist traffic WILL drop even without the strikes the world, Europe and the U.S., battle fear of another recession which could mean lower hotel prices.