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Greece's Tourism Crackdown Sparks Industry Concerns

  • Greece announces measures to curb excessive tourism, targeting short-term rentals and cruise ship traffic.
  • Industry leaders warn these restrictions could harm the crucial tourism sector, which contributes over 25% to GDP.
  • Prime Minister Mitsotakis emphasizes the need for tourism to pay its share of social returns.
  • New fees for cruise passengers and a ban on new short-term rentals in parts of Athens are introduced.
  • Critics argue the measures could make Greece less competitive and harm local economies.

Source: FT

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3mo ago
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