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

Dozens of Greek Tourism Projects Included in New Subsidy Scheme

Dozens of tourism projects are among 70 large-scale investment ventures in Greece, included in the government’s “general entrepreneurship” scheme under the latest development law.

Application Deadline for Tourism, New Media Subsidies Jan. 31

January 31 is the deadline for all interested parties wishing to gain access to subsidies under the new development law estimated by the end of 2020 to distribute some 4.2-4.3 billion euros.

Application Process for Greek Business Funding Opens on Oct. 12

Professionals and business owners in Greece seeking grants for their enterprises can apply for government funding under the new development law as of October 12.

Greece Development Law… Goes to Parliament

The Greek government’s new development bill, which foresees deductions and exemptions, leasing and interest subsidies, and a 12-year fixed tax framework, was tabled in Parliament on Tuesday, with deliberation set to begin Friday.

Thessaloniki Hoteliers Ring Alarm Bells over Imminent Taxes

Thessaloniki’s hoteliers are sending signals of distress over plans by the government to increase taxes or introduce new levies on areas affecting the hospitality sector, saying this will inevitably lead to unsustainable fiscal burdens.

SETE Says New Greek Incentives Law Complex, Unclear

The new Greek incentives law tabled earlier this month which foresees deductions and exemptions, leasing and interest subsidies, and a 12-year fixed tax framework, must be simple with clear guidelines and deadlines for potential investors, the Greek Tourism Confederation (SETE)...

New Greece Incentives Law Aims to Draw in Investment

Deductions and Exemptions, leasing and interest subsidies, and a 12-year fixed tax framework are part of a new incentives law tabled recently and set for vote by the end of the month, Economy, Development and Tourism Minister George Stathakis and Secretary General for Strategic...

Greece’s New Investment Incentives Law to Spur Tourism

Aiming to stimulate tourism initiatives, the Greek government’s new development law paves the way for the creation, expansion and upgrade of three star-plus hotel units as well as the re-operation of accommodation facilities that have been out of business.