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Greeks cut back on taking vacations "considerably"

Oct 01, 2016

ATHENS, Greece - According to the Hellenic Statistical Authority (ELSTAT), Greeks cut back considerably on taking vacations due to tax hikes and financial obligations in 2015.

Mostly those impacted are between the ages of 25 to 44 and the lack of Greek vacationers has caused local tourism to go up to 121 million euros in losses, the report says.

The data reflects the financial crisis of Greek citizens as they spent only 1.71 billion euros on travel last year, which is down 6.6 percent from 2014.

The amount of trips Greeks took went down 8.2 percent overall, and in the specific age group of 25 to 44-year-olds it declined even more at 11.9 percent since 2014.

ELSTAT data reveals that the average number of people who traveled in 2015 decreased 4.6 percent to 3.48 million from the previous year as well.

Greeks cut back on taking vacations "considerably"



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