Athens Macedonian News Agency: News in English, 17-04-28

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Informal Meeting of EU Foreign Ministers to focus on FYROM and Greek-Turkish relations

[02] SETE: The danger of Greek hotels passing into foreign hands is very small

[01] Informal Meeting of EU Foreign Ministers to focus on FYROM and Greek-Turkish relations

Greek Foreign Minister Nikos Kotzias arrived late on Thursday in Malta after his official visit to Algeria.

It is the first meeting of Foreign Ministers after Turkey's referendum but also after the decision of the EU parliamentary assembly to place Turkey under supervision on issues of democracy and the rule of law and of course after the latest provocative statements by Turkey's Foreign Affairs Minister, Omer Chelik, on Agathonisi.

[02] SETE: The danger of Greek hotels passing into foreign hands is very small

Andreadis' term as president of the tourism confederation will end in May.

Referring to hotel lending, he stressed that the total debt is 7.2 billion euros, 3.6 billion euros of which are "bad loans". He added, however, that 600 million euro loans out of the 3.6 million euro loans have already been settled.

Moreover, he underlined that the tourism sector is not considered overborrowed compared to the 13 billion euro revenue of the sector and its contribution to the Greek economy. He also stated that tourism is now recognized by society as the most potent pillar of the Greek economy.

Athens News Agency: News in English Directory - Previous Article - Next Article