Financial Market in Athens Now on the Road to Recovery

The business world has previously reeled from the economic impact brought on by Covid. The financial-market implications of the pandemic has no doubt been huge but despite this, key markets in the Eurozone are now slowly recovering.

Economists’ Forecast Trajectory of the Recovery

In recent weeks, Greek economists have begun putting out more positive forecasts on Athens’ economic growth. With the Omicron now fully managed, reopening efforts have begun and global supply chains are now slowly getting back in order. In fact, passenger traffic just increased by 50% despite the 2021 May lockdown in Athens.

Business Travel Also Projected to Rise

With passenger traffic soaring at its highest peak yet, business travel is also projected to increase. Using luggage storage in Athens is a simple way to enjoy all your stops in the city without the hassle and stress of hauling your luggage around with you. There are just a few simple steps to store your luggage for the day:

• Search online for the best location to drop off your luggage
• Book your luggage with that location
• Drop off all your luggage
• Begin your ultimate day trip!

Greek Islands to be Revived

The government has planned a structural revamping for Greek Islands’ transport system as early as 2020 which came in time in the revival efforts of its travel market. The government, in partnership with Volkswagen, is aiming for a more sustainable way to travel within the island especially since it’s slowly reopening its doors.

With such plans, you can now set sail and take an all-day cruise to the islands of Poros, Hydra, and Aegina in the Saronic Gulf.  While breathing in the salty sea air and stunning views of the three islands, you get to immerse yourself in the beauty and history of these Saronic Islands. enjoy these activities throughout your day:

• Entertainment on board such as Greek dancing and music
• A buffet lunch
• Plenty of time to leisurely stroll the islands and shop
• Opportunities for guided tour of the Temple of Aphaia on Aegina Island

On this all-day excursion, these islands take you back in time when you walk down the marbled-cobbled streets and take in the historic stone buildings. With no wheeled vehicles allowed, you can easily imagine that hustle and bustle of carts, donkeys, and mules on the island of Hydra.

The Economy of Athens

Athens, being the capital of Greece, has a rich economy and the same can be said of it’s culture and history. It experienced sharp downturn in 2020 when economic growth over the past five years. However, a five-year trend of expanding economic freedom has continued.

If you’re a fan of the classical world, then you might want to take the time to see the historical sites in Athens. Although there are countless places full of history in the city, here are some of the top sites to see:

• Acropolis of Athens: located cliffside above the city, holds some of the most significant ancient buildings of Greek history such as the Parthenon, the Erechtheion, and the Temple of Athena Nike.
• The Temple of Olympian Zeus was a former temple dedicated to the “Olympian” Zeus who was the head of the Olympic gods
• Panathenaic Stadium hosted the first modern Olympics in 1896 is the only stadium in the world built entirely of marble.
• Mount Lycabettus is a limestone hill located in central Athens. You can take a railway that climbs the hill to the highest point in the center of the capital city.
• Odeon of Herodes Atticus is a stone theater on the southwest slope of the Acropolis of Athens. It was built by Herodes Atticus in memory of his wife, Aspasia. It was a venue for music concerts and now holds the Athens Festival each year from May to October.

Authentic Greek Businesses: Food, Trade & More

As a city rich in trading imports and exports, the city is no doubt alive with amazing food and goods selections. Mealtimes in Athens may look a little later than what you are used to. Lunch time is usually between 1:30 and 3:00, and dinner is usually between 9:00 and 10:00 p.m. Some of the most touristy places will serve food at earlier hours, however you may not see many locals in attendance. 

Also, breakfast is not the most important meal in Greece and many places do not offer it. If you’re looking for restaurants where gourmet food is more important than the price, here are some of the favorites in Athens:

• Aleria Restaurant serves contemporary Mediterranean food using the best seasonal ingredients and area known specialties. Their wine list includes top artisanal wines from local producers and from around the world.
• Kuzina is located on a rooftop terrace overlooking the city and giving Acropolis views. The menu changes throughout the year, only offering a few year-round dishes. Dinner is served from 5:00 p.m. to midnight.
• Geros Tou Moria is a 90- year-old tavern that serves classic Greek dishes while you enjoy music and dancing each night. You can sit outdoors under the grapevines with views of Acropolis or sit inside closer to the music and dancing.

If you’re looking for authentic but medium-priced food, here are some of the top options:

• The Old Tavern of Psarras opened in 1898 and is known for their fresh seafood, meat, and vegetarian options. This casual atmosphere offers live music, house wine, and outdoor seating.
• Kostas is known for their gyros and souvlaki in the heart of the city. They offer pork or beef with fries, fresh veggies, and their signature tomato sauce. This is the best option for food on the go as the seating is limited.
• O Thanasis has the best gyros, souvlaki, and kebabs, and is also located in the heart of the city. They offer more seating along the pedestrian street just off the Monastiraki Square. If you’re looking for a restaurant with flexible hours, they are open all day from 9:00am to 1:30 a.m.

Market Outlook for Athens

From its economy to financial landscape, you now have everything you need to plan if you’re planning to invest or take a trip to the capital city of Athens. Whatever you decide, you can do so much more if you store your luggage all day in one location as you conduct your business.