Greek tourism revenue rebounding, risks remain, SETE chief says

Greek tourism revenues may rise by up to 9 percent this year, helping Greece return to strong economic growth, but political issues could cloud that forecast, the head of Greek tourism body SETE told Reuters Tuesday.

Andreas Andreadis said 2017 tourism revenues could rise up to 14.5 billion euros - after a 6.4 percent drop to 13.2 billion euros in 2016. Tourist arrivals were seen increasing to 27 million visitors from 25 million last year.

With a long coastline and dotted with islands, Greece relies on its sandy beaches and ancient temples for an economic recovery.

Tourism accounts for about 18 percent of its gross domestic product and employs a fifth of its work force.

The country aims at 2.7 percent growth in 2017 and hopes to return to bond markets this year, after seven years in bailouts that plunged it into deep recession.

But the projections...

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