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We Are Trying to Present a Better Product to Tourists: Greek Hotelier

Thursday, 2 Aug 2012 | 3:45 AM ET

The number of foreign visitors to Greece has declined by more than eight percent over the past five months, Panos Paleologos, president and CEO of Greek Hotel Brain, told CNBC, "I think Greece certainly has to rely on the tourism industry and because of the crisis more and more people understand this, but it is tough."