Changes in the commercial relationships of USA With the European Union they will significantly affect the Greek tourismas the Scientific Director of the SETE Institute, Aris Ikkos, told Ertnews.
Specifically, Mr Jikkos emphasized: “As a country Greece which has direct trade relations with the United States and through the European Union, tourism seems to be significantly affected, as the United States is the third largest revenue market for Greece and in recent years has contributed to approximately 25% of 2019.”
According to the Scientific Director of the SETE Institute, because at this time what is observed in America is a great deterioration of indicators related to economic uncertainty, consumer confidence, the expectations of personal income and business climate, we are talking about the Greek -based and influence.
Already, the first messages coming from France, according to the Minister of Tourism, are that there are reductions in arrivals in the country of American tourists.
Also, let’s not forget that the damage done to the stock markets of $ 10 trillion. Dollars mainly concerns wealthy Americans who are those who can make expensive long -distance trips.
Now, on the other hand, the positives that can be said to be observed are that this year we have a large increase in air positions offered directly from the United States of 18% to 19%, as well as the latest financial data from America has shown an increase in employment. Finally, what is observed is that Europeans are further avoiding traveling to the United States.
In the positive way we can see that reducing the price of oil combined with the depreciation of the dollar leads to cheaper fuel costs. In addition, this leads to a reduction in airline ticket prices, so it facilitates travel, as Mr Ikkos said.
As the Scientific Director of the SETE Institute pointed out, “If we do not go to his extreme scenario to continue this Trump policy and after 90 days there are no agreements, it will not be good. In any case, however, these 90 days of uncertainty are not good for anyone. No one knows where things will go, because no one knows what has in Trump’s mind right now. “
“For tourists from America we are quite skeptical of the uncertainty that exists in the country today. With all that is happening and I think uncertainty is the worst factor, in the sense that no one knows where things will go, so it is cautious in all its moves. It is not that Trump is moving without a plan, whether he comes out, his plan will not come out in the end, there is a very specific economic policy from behind, which has now been written by someone who is now head of the Trump government experts, who clearly says that the duties will be the first to use and the first negotiations. Benefits, “Mr Ikkos said.