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Travel group Thomas Cook goes bankrupt - The implications for Greece

A Thomas Cook plane on the runway at terminal one of Manchester Airport.

A Thomas Cook plane on the runway at terminal one of Manchester Airport. Source: AAP

The consequences of the financial collapse of the travel group Thomas Cook might have on Greek Tourism might take some time to become evident.


Published

Updated

By Vasilis Ragousis

Presented by Stelios Rakitzis, Themi Kallos

Source: SBS



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The consequences of the financial collapse of the travel group Thomas Cook might have on Greek Tourism might take some time to become evident.


The financial collapse of the group has left thousands of tourists stranded and has also affected tourist businesses. 

The matter of refunds or any compensation from insurance remains vague. 

Any effect on Greek tourism might take some time to appear. ''In a similar case, the collapse of a similar group a couple years ago did not prevent Greece from recording high numbers of tourists'' says Stelios Rakitzis our correspondent from Greece. 

Press Play to hear more on this and other stories in this week's correspondence. 


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