Greek Tourism Heading Downwards
and So are the Prices!
The Greek economic crisis has had a deep and painful effect on the Mediterranean country's tourism industry.
Joblessness is around 20 % (as of early 2012), violent street riots are scaring tourists away and many businesses serving this industry have already went bankrupt!
A large part of Greece's GDP comes from tourism. The crisis will probably worsen the situation of the country, as tourists seeing violent street fights on TV will stay away from Greece.
The overall effect of the Greek economic crisis is negative on the tourism industry. But budget travelers will finally be able to obtain their hotel reservations and tours at much lower tariffs!
Lower demand in tourism implicates lower prices. Business owners are forced to cut rates and fares.
The beautiful country of Greece has plenty to offer and the prices are more affordable now than ever before during the past two decades!
Athough you should probably avoid the big cities, Athens, Thessaloniki and Piraeus. But, you can head for the mountain areas and the fantastic Greek Islands! The latter are safer even during times of turmoil, yet they're as beautiful as always and with smaller number of tourists you will be able to enjoy much of the attractions even more!
Some of the places to look at when trying to benefit from the crisis-brought low prices: Santorini (Thira), Crete, Mykonos, Naxos, Syros, Corfu, Corinthos, Rhodes, the Mount Athos area, the Meteora Closers, Kavala... and many more!
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