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EU Membership and implications for Tourism sector

EU Membership and implications for Tourism sector. Georgios Drakopoulos General Manager 4 December 2003, The Ritz Carlton Hotel, Istanbul. To get the climate. EU money EU funds Community Support Frameworks. Characteristics of CSF. sector specific investment.

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EU Membership and implications for Tourism sector

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  1. EU Membership and implications for Tourism sector Georgios Drakopoulos General Manager 4 December 2003, The Ritz Carlton Hotel, Istanbul

  2. To get the climate... • EU money • EU funds • Community Support Frameworks

  3. Characteristics of CSF • sector specific investment • Administration BBBBureaucracyyyy • Nationwide/Provinces • general infrastructure

  4. Characteristics of CSF Total Investment (100%) = Public Funds (20%) + EU Funds (30%) + Private Investment (50%) Procedure: you pay first, then wait...

  5. Easy going tips • Decrease level of bureaucracy • insure transparancy (avoid extra controls in future CSF) • participate in committees/ influence decisions • general infrastructure • prepare plans for sector specific investment

  6. Greek Tourism in CSF 1st CSF (1989 - 1993) • Tourism 86.5 mi ecu 1,6% • Primary Sector 619.0 mi ecu 11,4% • Industry 412.0 mi ecu 7,6%

  7. Greek Tourism in CSF 2nd CSF (1994-1999) • Tourism 184,3 mi ecu <1% • Primary Sector 2.0 bi ecu 9.9% • Industry 1188,0 mi ecu 5,6%

  8. Greek Tourism in CSF 3rd CSF (2000-2006) 800 mi Euro 0,7% of total ATTENTION! no balance transfer to future CSF!

  9. EU full membership - Implications for Tourism PROS • no currency exchange commission • price comparison • easy movements

  10. EU full membership - Implications for Tourism CONS • no use of exchange rate mechanism • strong Euro - less intra EU travel • no subsidies • harmonization of taxation policies general increase of prices!!!

  11. Stories & myths for transition period • Pricing • accounting • equipment - IT systems • special training • consumer behaviour • suppliers chain • personnel training

  12. SETE strongly supports Turkey’s european perspective and full membership, asap

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