Greek Debt Crisis Affecting Tourism Industry

The video discusses the significant role of tourism in Greece's economy, contributing €13 billion annually. It highlights concerns about the financial crisis's impact on tourism, with decreased bookings and issues like bank closures affecting tourists. Despite these challenges, expats believe the situation is exaggerated. Tourists share their experiences, noting that while some places prefer cash, foreign credit cards are generally accepted. The Greek government assures that tourism standards will remain high, emphasizing the need for a financial agreement to sustain the industry.

What is the annual contribution of tourism to Greece's economy?

• €15 billion

• €13 billion

• €20 billion

• €10 billion

What is George's main concern regarding the financial crisis?

• Decrease in tourist attractions

• Lack of promotional activities

• Increase in travel costs

• Catastrophic impact on the tourism industry

What is one of the main banking issues affecting tourists in Corfu?

• Increased transaction fees

• Limited ATM availability

• Currency exchange restrictions

• Closure of banks

How do some locals view the media reports about the financial crisis?

• Accurate and helpful

• Focused on other regions

• Exaggerated and causing unnecessary worry

• Irrelevant to tourists

What do locals believe is necessary to prevent the tourism industry from collapsing?

• Increased marketing efforts

• More tourist attractions

• A financial agreement

• Lower travel costs