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Greece's latest tourism industry news by Greek Travel Pages

Greek PM: A VAT Hike On Tourism is Irrational

Raising the Value Added Tax (VAT) on restaurants and tourism is irrational, Greek Prime Minister Alexis Tsipras said on Tuesday night during an interview to state broadcaster ERT.

Greece’s Third Bailout: Euro Summit Statement

Greece has agreed to tough reforms after marathon talks with eurozone leaders in return for a three-year bailout ended in the early morning of July 13.

Eurozone Leaders Reach Agreement on Greece

“EuroSummit has unanimously reached agreement. All ready to go for ESM program for Greece with serious reforms and financial support”, EU President Donald Tusk tweeted on Monday morning after marathon talks over a third bailout for Greece.

SETE: ‘Who Stands to Win from the Destruction of Greek Tourism?’

"We still can not comprehend the reasons why the lenders insist on imposing an uncompetitive VAT rate on the Greek tourism product and we ask: Who stands to win from that?", the Greek Tourism Confederation (SETE) said in an announcement on Tuesday.

TUI Sparks Panic With Drachma Warning To Greek Hoteliers

“In recent months, one of the reasons we got into this situation was the misinformation and the fact that markets made reckless movements without taking data and results under consideration,” Culture and Tourism Minister Pavlos Yeroulanos told US business TV channel CNBC last...