Greece Loses 50K Tourists a Day Due to Its Debt; Tourism Companies Offer 50% Off on Greek Trips

Tourists planning a luxury getaway to Greece and the Greek isles are being increasingly hesitant to keep their bookings, thanks to both an economic crisis plaguing the nation's banks and the Greek government's inability to process thousands of illegal migrants sailing into island ports from Turkey, the Breitbart website reports today (July 9, 2015).

In order to keep revenue up, companies are offering steep discounts and encouraging tourists not to cancel trips.

Some tourism companies are offering up to 50 percent off on pre-packaged holidays to Greece in attractive European markets whose consumers may be hesitant to visit a Greek island.

Turkish newspaper "Hurriyet" -- which notes that Turkish tourists have been among the world's most loyal to Greece -- reports that around 50,000 tourists have canceled trips to Greece a day since June 25, when the government of Prime Minister Alexis Tsipras made clear his country would not be able to make its monthly debt installment to the European Union and the International Fund.