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Bankrupt tour operator 'Mouzenidis Travel' may rip off Russians for € 18 million

... expires on December 31, 2021. Experts note that the company must provide financial guarantees provided for by the legislation on tourism activities no later than 45 days before the end of the contract. However, given that the capital company is insured for 50 million rubles, and companies in the regions - for 10 million rubles each, the amount of payments is unlikely to be able to cover Mouzenidis' debts to clients in an amount exceeding 1 billion rubles. Litigation against the Mouzenidis Group has also been launched ...

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