About 50,000 tourists are stranded in Greece, mainly on islands, after British t...
ATHENS - About 50,000 tourists are stranded in Greece, mainly on islands, after British travel firm Thomas Cook collapsed, a Greek tourism ministry official told Reuters on Monday.
The head of Greece’s hotel federation said Thomas Cook’s financial collapse would be a significant blow for hoteliers, since many vacation packages were not prepaid. He said many hotels were expected to make losses on payments affecting vacation packages for the last two months, meaning “many millions of euros.”
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