Friday 10 June 2011

Crete-Greece and the Economic Crisis

These days, Greece is having a very hard time financially. In fact is having a hard time long time ago, yet we were somehow managing to put the problem under the carpet and move on.
This 'strategy" sometime ends, and now all greeks (or most of them at least...) are having a hard time.
Most tourist can "profit" somehow from the hard times the country is having. They will profit and have more services for their money, and we as Greeks will profit having our tourism increasing and having some extra money on our wallet (or on our loan bills...)
First of all let's state that Greece is a peacefull European country. The people, other than a bit hot-tempered they are peaceful and hospitable (especially Cretans). No fears for riots, protest, damages...Some protests might take place in Athens in Constitution Square, yet Crete visitros do not plan taking a swim in the fountain there...
Prices eventually will fall in order to attract more clients. Still the government is not easing this self-preserving business process by increasing the VAT, so even some services' prices might fall, the end-user might not be able to profit from this decrease.
As we are not financial analysts nor economics professors, what we want to say here is that Greece and especially Crete, will soon become not only the perfect (we believe that it already is) but the best value for money place for vacations.









Consider a paradise island with plenty of activities of every kind for the visitor (tennis, golf, scuba, hiking) with free falling prices, peace, quiet and above all a European destination, with no hassles, no terrorism, and the best beaches of southern med...