Abstract

ABSTRACT Tourism is the main sector in Greece contributing the most to the economic and social growth. It accounts for more than 10% of the gross national product with significant for the economy and the society trends. Tourism has gained considerable comparative advantage as main international tourism destination place. The scope of this study is to examine the extent to which the implementation of the the Third Community Support Framework contributed to tourism development, focusing on the island of Syros (capital of the prefecture of Cyclades islands). The survey was based on structural questionnaire distributed to 200 recipients, out of which 100 questionnaires were mailed to investors and 100 to various entities, local banks and tourism offices. Research showed that it is difficult to make a positive or negative evaluation of the Community Support Frameworks. The majority of individuals and entities involved in research carried out stated that the projects funded were not adequate enough to increase the tourism development of Syros.

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