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MYKONOS
Economy

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Economy

-Mykonos has been the most visited island of the Cyclades since the mid-1960s, and there is actually mass tourism with 750,000 to a million visitors a year. Tourism has turned Mykonos from one of the poorest Greek islands into one of the richest. Beaches and the (gay) nightlife are among the best the Aegean has to offer, but Mykonos is also, together with Santorini, among the most expensive islands to stay on.

-For tourists, Mykonos has a stock of approximately 170 hotels, 193 flats, 18 villas, two campsites and 94 private rooms. For the inner man there are approximately 116 restaurants, 11 beach restaurants, 19 fast food restaurants, 36 bars and 44 cafes.

-About 80% of the workforce on Mykonos is employed in the tourist industry, especially during the high season. The rest is engaged in fishing, agriculture or construction.

-Local products that are known in the rest of Greece and beyond include Louza, a salami variety, Kopanisti, a cheese, and Amigthalota, a pastry.

-Direct flights from Western Europe can only be booked in summer. At other times of the year one mainly flies via Athens.

-Ferries and catamarans sail to and from Amorgos, Andros, Ikaria, Ios, Kalymnos, Kos, Crete, Leros, Naxos, Paros, Patmos, Piraeus, Rafina, Rhodes, Samos, Santorini, Siros, Thessaloniki, Tinos. In order to better handle the many tourists, a new deep-water harbour has been built north of Mykonos Town, near the village of Tourlos.

-Hotels cost up to three times more in high season than in low season.

-Until 1970, the mineral barite was mined in the east of Mykonos.


Sources

Wikipedia

CIA - World Factbook

BBC - Country Profiles

Last updated May 2024
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