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Thursday
21
May 2026
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Athens 24°C

> Economy

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Tourism Spatial Plan: “Clampdown” on Airbnb, new rules for hotels & islands – “Window” for revisions until end of June

Negotiations and a new 15-day consultation round with the tourism sector aim to soften reactions before the final version of the Joint Ministerial Decision (KYA)

The sale of Makri in the Echinades: From €8 million to €247,000 — a “rubber-band” price

From a “prime asset” promoted internationally for a multi-million-euro tourism investment, it ended up in repeated auctions, with the starting price collapsing

Saudi Aramco: Oil market will not recover before 2027 if the Strait of Hormuz remains closed

Brent is expected to trade at $110 per barrel this quarter, fall to $100 next quarter and to $90 by the end of the year, estimates Morgan Stanley

14 Q&As on the new spatial planning framework for tourism: what changes in saturated areas on islands and mainland Greece

The new spatial planning framework introduces stricter minimum land requirements in high-pressure areas and a differentiated approach to tourism development depending on the intensity of tourism growth

Crete is the leader in Greek tourism, 5.6 million international arrivals in 2025 (+5.5%)

Heraklion maintains the 2nd place nationwide, while Chania strengthens its position - Strong and the increase in domestic traffic (+9.8%)

Ryanair cuts 12 routes in Greece — 10 from Thessaloniki & calls for a “freeze” on airport charges

Fraport strikes back, calling the claims unfounded and pretextual

What Fraport says about the closure of the Ryanair base in Thessaloniki

The reasons that led it to reduce its flight operations are linked to the commercial planning, business model and profitability of the company, says Fraport

Pierrakakis announced a supplementary budget of 800 million and a bill with new measures

Next week, the package of interventions for pensioners, families, rent, debt and first home will be consulted next week - The beneficiaries of the 300 euro aid are extended

Ryanair announces closure of its Thessaloniki Base starting in October

The airline also announced a reduction in capacity at Athens Airport for winter 2026, while suspending operations in Chania and Heraklion during the low tourist season

OTE: Focus on AI, competition and mobile services – What management said about PPC

Adjusted EBITDA (AL) growth target around 3% – AI use expanding – What management told analysts

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