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Evaluating The Impact Of The Economic Crisis On Greek Tourism: Public Perceptions Among Romanians

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  • Ana Maria Tuluc

    (Academy of Economic Studies Faculty of Economics Bucharest, Romania)

Abstract

The current economic crisis has had a large effect on Greece. Two of the most important economic sectors, tourism and shipping, were seriously affected. This resulted in increased poverty and political instability. This paper focuses on describing the impact of economic crisis on Greek tourism. Therefore, the article presents the relationship between tourism and economic issues, while emphasizing the role of the European Union in fighting the Greek debt crisis. The practical part of the paper presents the results of an online survey regarding Greece’s financial problems and tourism sector attractiveness. The survey includes Romanian respondents who have visited Greece at least once. Results of the study show that most Romanians will continue to travel to Greece despite country’s economic problems. Thus, the article offers relevant support in determining the impact of economic crisis on Greek tourism. Moreover, the article emphasizes tourism sector importance and encourages further research.

Suggested Citation

  • Ana Maria Tuluc, 2011. "Evaluating The Impact Of The Economic Crisis On Greek Tourism: Public Perceptions Among Romanians," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 56-62, April.
    • Handle: RePEc:aio:rteyej:v:1:y:2011:i:16:p:56-62
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    File URL: http://feaa.ucv.ro/RTE/016-07.pdf
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    More about this item

    Keywords

    economic crisis; tourism; Greek debt crisis; tourist arrivals; Romania;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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