Feb 25 • 06:42 UTC 🇬🇷 Greece Naftemporiki

Something We Are Not Doing Right Is Apparent

The article discusses concerns about Greece's tourism sector reliance and the need for economic diversification.

The article reflects on the vulnerabilities of Greece's tourism industry, questioning what would happen if tourism experiences a downturn. It highlights that despite assurances from the government about growth in other economic sectors, there remains a risk due to neighboring Turkey. The rhetorical question about preparing for a potential tourism crisis underscores the need for proactive measures beyond high-level declarations.

The piece emphasizes the necessity for a new economic development model that could include a revamped tax system to attract investors and a more diversified tourism product. Current statistics from Greece's central bank illustrate that tourist revenue is projected to increase from 21.7 billion in 2024 to 23.6 billion in 2025, which some may view as a success. However, the article stresses that this growth should be critically evaluated against broader economic indicators like the GDP, which remains significantly lower than the levels seen prior to the 2009 crisis.

Ultimately, the author argues that merely relying on tourism is not sustainable and calls for strategic changes to ensure Greece's economic stability. With a growing economy and potential for increased tourist revenue, failing to implement these changes could threaten future economic health, pointing out the pressing need for action in light of regional geopolitical dynamics.

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