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Greece and Bahrain to drive cooperation to higher level
Thursday, May 25, 2006
The Greek Minister of Mercantile Marine, Mr Manolis Kefalogiannis met with Bahraini Minister of Transportation Mr. Sheikh Khalif al Khalifa to discuss the bilateral agreements of the two countries in the fields of Transportation and Communications.

The meeting held in co ordinance of the previous meetings that Mr. Kefalogiannis had with officials in the Persian Gulf countries.

The two ministers examined the future prospects of the two countries to cooperate in a more economical level and especially to drive closer ties in the Marine sector. The meeting of the two ministers held in the frame of the bilateral marine agreement that had been signed in Bahrain in 3rd of May.
Michael Verikios - Thursday, May 25, 2006
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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