Travelers gave Greek hotels thumbs up for quality and services with Greece holding the first position on the Global Review Index (GRI) for 2019, with a rating of 87.1%.
Greece is once again lagging behind in competitiveness hindered by its inflexible tax policies, according to the International Tax Competitiveness Index 2019.
The popular island of Mykonos continues to hold strong this season, while other favorite jet set destinations appear to have decreased their hotel rates.
Greece still needs to do plenty to become a competitive economy, as the country is almost last on the IMD World Competitiveness Ranking list for 2019, at number 58 out of 63 world economies.
The Greek Economy Ministry will revise a law covering funding options for very small and small businesses, offering incentives aimed to boost the real economy.
Eastern Aegean island professionals are ringing alarm bells in view of VAT tax hikes to take effect January 1 and are calling on the government to apply taxation rates that were applicable in 2015.
