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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Covid-19 Recovery Plan Tops EU Leaders’ Meeting

Reaching an agreement on the Commission’s proposed coronavirus rescue fund dubbed “Next Generation EU”, topped the agenda of a recent EU leaders meeting.

FinMin: Greece Doesn’t Need ESM Covid-19 Credit Line

Greece has no need to resort to European Stability Mechanism (ESM) loans to deal with the coronavirus impact, says Greek Finance Minister Christos Staikouras.

Greece Lays Out Plan to Make Best Use of EU Emergency Funding

The Greek government is looking to put 22.5 billion euros in EU subsidies, aimed at addressing the impact of Covid-19, to immediate use.

Commission Tables Covid-19 Recovery Plan to Kick-start EU Economy

Τhe European Commission has announced its proposal for a new recovery tool that will help boost jobs and growth of EU economies impacted by Covid-19.

ESM Credit Line Now Open, Greece Could Save up to €800m

Greece could save up to 800 million euros in interest rates over the next decade, if it chooses to use the European Stability Mechanism's (ESM) credit line.

EU Announces Covid-19 Pandemic Credit Line

European Union finance ministers have agreed to open a 240-billion-euro credit line to member states in efforts to mitigate the impact of the Covid-19 pandemic on EU economies.

Covid-19: Eurogroup Agrees on €500bn Rescue Plan for Workers, Businesses and Public Finances

EU finance ministers agreed on a 500-billion-euro rescue package for member-states to deal with the effects of the Covid-19 pandemic.

Eurogroup: Transport and Tourism to Receive Economic Coronavirus Response

Transport and tourism are among the severely affected sectors in the EU that are to receive liquidity support to tackle the economic impact of the coronavirus.

Greece’s Deal with Creditors Puts Tourism, Business Sectors at Ease

Greek tourism professionals hope that the deal reached between Greece and its lenders will lift the lingering uncertainty and allow tourism to grow.

Eurogroup: Greece Gets New Lease on Life, Tourism, Business Sectors Relieved

Greece clinched additional loans from its international creditors to the tune of 10.3 billion euros on Wednesday, while Eurogroup finance ministers agreed to offer debt relief extending the repayment period and capping interest rates.

Greece Suggests 13% VAT Rate for Hotels in its Bailout Proposal to Creditors

A value-added-tax (VAT) rate of 13 percent on Greek hotels and the elimination of discounts on the country's most popular islands, are included in the proposal the Greek government submitted to its international creditors on late Thursday, in hope of reaching an agreement on a...

Eurogroup: Referendum Result ‘Very Regrettable’ for Future of Greece

"I take note of the outcome of the Greek referendum. This result is very regrettable for the future of Greece", Jeroen Dijsselbloem, head of the Eurogroup, said in a statement following a 'no' vote in a Greek bailout referendum.

VAT Rate on Greek Hotels: Lenders Want 23%, Greece Says 13%

Greece's creditors seem determined to impose the value-added-tax (VAT) rate of 23 percent on both accommodation and food services and do away with the reduced VAT rate that currently applies to the Aegean islands.

Επιστολή ΣΕΤΕ προς τον Υπ. Οικονομικών σχετικά με τη διατήρηση των συντελεστών ΦΠΑ των τουριστικών καταλυμάτων

Σε επιστολή προς τον υπουργό Οικονομικών κύριο Γιάνη Βαρουφάκη ο Σύνδεσμος Ελληνικών Τουριστικών Επιχειρήσεων (ΣΕΤΕ) υπογραμμίζει τη σημαντικότητα της διατήρησης των συντελεστών ΦΠΑ των τουριστικών καταλυμάτων στο σημερινό επίπεδο....

Greece Privatization Projects Move Ahead as Scheduled

The privatization of regional airports as well as of the Piraeus port will move ahead as scheduled, the Greek finance ministry said in a document it sent to the Eurogroup on Monday.

SETE Lauds FinMin’s Pledge for No VAT Hikes in Tourism

SETE president Andreas Andreadis expressed his satisfaction with Finance Minister Yanis Varoufakis' latest attitude during talks between Greece and eurozone finance ministers on Monday, against the increase of VAT rates that apply on the Greek islands.
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Greek Tourism Sector Applauds Eurogroup Agreement

Greek tourism professionals today, 27 November, applauded the agreement Eurozone finance ministers reached with the International Monetary Fund on how to make Greece’s debt sustainable.