Greece to restrict cruise ships visiting popular islands, Bloomberg says

Greece Prime Minister Kyriakos Mitsotakis said that, next year, the government will place restrictions on cruise ships visiting the country’s most popular islands in an effort to grapple with the effects of “over-tourism,” Bloomberg’s Sotiris Nikas and Paul Tugwell report. “I think we’ll do it next year,” Mitsotakis said about the move in an interview. New rules could mandate a total number of island berths restricted, or a bidding process introduced for slots, the authors note. Publicly traded companies in the space include Carnival (CCL), Norwegian Cruise Line (NCLH) and Royal Caribbean (RCL).