Thomas Cook Group

British authorities have returned home more than 95% of the customers of the failed British tourist company Thomas Cook. The harvesting of the blocked people will continue in the coming days, the British Civil Aviation Administration (CAA) announced.

The Finance Ministry announced on Tuesday that it has prepared a legislative act for the exemption of all Greek hotels suffering consequences due to the sudden the collapse of UK tour operator Thomas Cook from the so-called "stay-over tax" for the period from September 23 to October 10.

The economic losses for Greek businesses in the tourism industry from the collapse of British travel firm Thomas Cook are estimated between 250 to 500 million euros, the country's tourism confederation SETE said on Monday night.

Holidaymakers hit by the collapse of Thomas Cook, the world's oldest tourist firm, desperately scrambled for information on Monday on how to get home, as Britain mounted its largest repatriation effort since World War Two.

The Greek government is set to announce measures to support the local tourism industry, which has been dealt a major blow by the collapse late on Sunday of British tour company Thomas Cook.

The British tour operator, Thomas Cook, declared bankruptcy today after failing to find the money needed to continue its operations and launching liquidation proceedings. This was reported by world agencies quoted by BTA.

About 50,000 tourists are stranded in Greece and mainly on island resorts after British travel firm Thomas Cook collapsed, the tourism minister said on Monday as extra flights were booked to ease their return home.

About 50,000 tourists are stranded in Greece, mainly on islands, as a result of British travel firm Thomas Cook's collapse, a Greek tourism ministry official told Reuters on Monday.

The tourists, mainly British, were vacationing in the islands of Zakynthos, Kos, Corfu, Skiathos and Crete, the official said. 

Hours after the collapse of British tour operator Thomas Cook, Turkish authorities moved to reassure tourists in Turkey who booked and paid for their holidays through the iconic firm.       

Some 50,000 holidaymakers stranded in Greece due to the collapse of the Thomas Cook tour operator are to be repatriated in the coming days, Greek Tourism Minister Haris Theoharis told Skai television on Monday. 

The first 22,000 are to be repatriated over the next three days, the minister said, adding that aircraft were to arrive on Monday at Zakynthos, Kos and Corfu.