Greek tourism has suffered a major blow as a result of the Greek government’s inability to make Tuesday’s 1.5 billion euro loan payment to the International Monetary Fund.
The president of the nationwide federation of hoteliers Yannis Retsos has complained that tour operators from the USA have refused to make payments towards Greek hoteliers, claiming that the payments would be seized, due to the non-payment of the IMF loan installment.
The dramatic developments of the past few days have had a profound impact on the Greek tourism industry, with hoteliers concerned about payments that they are owed.
