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Travel & Tourism industry news by Greek Travel Pages (gtp)

Greek Business Bodies: Restoring Market Trust Key After Banking Limits Lift

Greek business and trade bodies are expressing satisfaction with the government’s decision to do away as of September 1 with capital restrictions.

Greece Examining Full Lift of Banking Restrictions

The Greek government is reportedly expected to lift all banking restrictions - in place since June 2015 – in the coming fall.
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Greek Government Gives Incentive To Restaurants To Drop Prices

The price of wining and dining out in Greece is expected to fall as the value added tax (VAT) reduction in the food service sector from 23 percent to 13 percent comes into effect on 1 August.
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Greece Reshuffles Government, Tourism Ministry Unaffected

Olga Kefalogianni was among the few untouched ministers and remained at her post as Tourism Minister on Monday, 24 June, following the cabinet reshuffle of Greek Prime Minister Antonis Samaras.

UK Travel Federations Urge Greece To Save Its Image

Consumers in the UK are choosing alternative destinations for holiday this year as a result of the constant negative publicity focused on Greece (which consumers see as not just Athens but the islands too), according to an open letter sent to Greek officials last month by three...

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 Reshuffles Cabinet, Tourism Unaffected

Pavlos Geroulanos was among the few untouched ministers and remained at his post as Culture and Tourism Minister last month following Greek Prime Minister George Papandreou’s cabinet reshuffle.

No Visa for Visitors from U.A.E.

Tourism Development Minister Aris Spiliotopoulos recently announced his plans to lift the visa requirements for visitors to Greece from the United Arab Emirates after meeting with U.A.E Finance Minister Sultan Saeed Al Mansouri during his visit to Dubai for the Arabian Travel...