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Greece Gives Green Light To Three Tourism Investment Schemes

Published on Feb 25 2019 10:30 AM in General Industry tagged: Trending Posts / Greece

Greece Gives Green Light To Three Tourism Investment Schemes

Greece has given the green light for three tourism investment schemes, totalling €240.5 million, on the islands of Mykonos, Crete and Santorini.

Tourism accounts for about a quarter of economic output in Greece, which saw a record of about 33 million visitors last year.

Hotels, Tourism Resort And Marina

The Greek government approved the three separate schemes this week for the construction of hotels on Mykonos, a tourist resort on Crete and a marina on Santorini.

It also cleared a shopping and recreation mall on the outskirts of Athens budgeted at €93.4 million.

All four projects are expected to create about 1,200 jobs of full and seasonal employment, the government said in statement. 

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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