Tourism Policy and Development Issues: The Financing and Regionalization Policy of Greek Tourism

International experience has indicated that while tourism concentrates on space and time as a particular form of a changing private consumption with its subsequent production and distribution problems, which diffuse society and economy as a whole, it requires the state’s regulatory intervention. The particular approach of the Greek case is made because tourism evolves in a developing country like Greece, which at the same time is a member of the European Union (EU). This means that it is gradually subject to the wider framework of the developed EU member states. Particularly, this article examines the impact of the indirect financing policy, for the production and distribution of the tourism product in Greece, mainly through the examination of the regional variation of development incentives in the hotel industry. The financing policy of Greek tourism is promoted as a basic development instrument for regions and especially for socio-economically disadvantaged regions.