Croatia: Greece As A Threat To 2013 Tourism

BusinessEconomy ♦ Published: April 22, 2013; 13:32 ♦ (Vindobona)

Last year Croatian tourism proceeds increased 3.2 % on a year-on-year comparision. However, with Greek tourism expected to rebound to pre-crisis standards, the country fears to be left behind in the competition.

Croatia: Greece As A Threat To 2013 Tourism / Picture: © Vindobona.org

Croatia’s economy is highly dependent on the tourism sector. The new estimates for the forthcoming summer season in Greek tourism cause alarm in Croatia as the country fears not to be able to compete. According to statements by Greek main tourism association SETE, Greek revenues is tourism are expected to rise up to 10 % in 2013, equaling € 11bn and an estimated number of 17 million…