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Travel & Tourism industry news by Greek Travel Pages (gtp)
Olga Kefalogianni
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Kefalogianni Calls On Professionals To Cooperate So VAT Cut Becomes Permanent

“The VAT reduction is important for tourism because it strengthens our competitiveness, especially in a period when competitiveness is the main issue,” Greek Tourism Minister Olga Kefalogianni told the press on 17 July in regards to the recent reduction of the VAT rate in the...
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UPDATE: Greek PM Announces VAT Reduction In Food Service Sector

Greek Prime Minister Antonis Samaras announced on Wednesday 17 July that the VAT imposed on restaurants, hotel restaurants, cafeterias and bars will be reduced from 23 percent to 13 percent as of 1 August 2013.
Greek salad (www.traveljournals.net)
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VAT Cut For Greek Restaurants Not Certain

Greece's Finance Ministry will decide on a possible VAT decrease on food catering services in June only if Greece reaches its revenue targets, according to Greek Finance Minister Yannis Stournaras.

Restaurant VAT Hike Causes Stir

“The increase of the VAT on food catering services will not affect the taxation of all-inclusive tourism packages sold abroad,” Finance Minister Evangelos Venizelos said during a press conference in late August. The Greek Government received criticism from restaurant owners and...

Hoteliers Criticize Restaurant VAT Hike

The increase of the VAT for restaurant services in Greek hotels from 13 to 23 percent (a 77 percent hike) would reduce the competitiveness of the country’s tourism product, the Hellenic Chamber of Hotels said recently in an announcement.

Greece Opens Entertainment Park

Just a few days before the start of the new millennium, the Village Entertainment Park opened its doors to the Greek public. Promoted as the largest such leisure park, not only in Greece but also in all of Europe, the 40-billion-drachma venture sports 20 cinema screens, 45...