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

SEV: Production, Employment Hinge on Moderate Taxation

High taxation on households and businesses cannot drive growth and is putting a brake on Greece’s prospects, according to the Hellenic Federation of Enterprises (SEV).

EY: Greeks Continue to Face Tax Challenges in 2019

Uncertainty in the global tax environment set to continue into the year is expected to perpetuate tax challenges in Greece, according to London-based services firm Ernst & Young (EY).

Greek Island Residents Can Now Claim Air Transport Discounts

Discounts for island residents, under the so-called "transport equivalent” program - known as “metaforiko isodynamo” (MI) - have now been extended to air travel.

Small Number of Greece’s Businesses Bearing the Tax Burden, Says Grant Thornton

A mere 10 percent of Greece’s businesses are paying 88 percent of total taxes, according to a study presented by Grant Thornton.

Greek Gov’t Plans to Extend Remote Island Discounts to Air Transport

Air travel will be included in Greece's transport equivalent program, which offers special discounts for the transportation of goods and people to/from 49 remote Greek islands.

Study Reveals how Greece can Attract Foreign Direct Investment

Greece can achieve growth by tapping into the manufacture of aircraft and ships - areas that attract foreign direct investment, according to a study carried out by IHS Markit.

Greece Tourism, Business Bodies Say Reduced Taxation Must Follow Basic Wage Rise

In response to the Greek government's decision to increase the minimum wage by 11 percent, SETE and SEV are calling for a decrease in taxation and social insurance contributions.

OECD: Steep Taxation Taking Toll on Greece’s Growth

Heavy taxation continues to be the leading obstacle to growth in Greece, according to data released by the Organization for Economic Cooperation and Development (OECD).

Transport Discounts Now Applicable on All Greek Islands

All Greek island residents can now claim transportation discounts as part of the “transport equivalent” measure, according to an announcement by the shipping ministry.

Shipping Minister: Corfu-Othoni Islands Ferry Link Set for 2019

Greek Shipping Minister Fotis Kouvelis announced that a ferry route linking the Ionian island of Corfu with the Othoni islands would launch at the start of 2019.

Greek Islanders Can Now Claim Transport Discounts

Residents of 49 Greek islands can now claim transportation discounts as announced earlier this year, by registering on the newly launched "Metaforiko Isodynamo" platform.

Tax, Labor Squads Target Greek Tourism Businesses for Violations

Tax and labor officials have stepped up inspections at accommodation and F&B services across Greece, with a primary focus on popular tourist destinations.

Tax Breaks Can Ensure Year-round Tourism for Greece, Says Aegean Airlines Head

In order to ensure tourism all year round, enterprises must be relieved of tax burdens, Aegean Airlines President Eftychios Vassilakis said during SETE's 26th General Assembly.

DiaNEOsis-IOBE Study: Heavy Taxation Tops Greeks’ Worries

Greece’s taxpayers are concerned about their ability to pay up, with direct taxes over the 2008-2016 period having increased by 94 percent, a study by IOBE and diaNEOsis reveals.

Piraeus Chamber Calls for Clear Taxation of Sea Transport

A rise in VAT on sea transport services will have serious repercussions on both the sector and the consumers, Piraeus Chamber of Commerce and Industry President Vassilis Korkidis said.

Vernicos: Greece’s Marine Tourism an Asset, Needs Clear Strategy

Greece needs a strategy in order to tap into the potential of marine tourism, said Economic and Social Council of Greece President George Vernicos.

European Commission Calls on Greece to Explain Yacht Taxation

Greece is among three countries that will be required to provide evidence that it is abiding by value-added tax (VAT) rules in the private boat sector.

Greek Tax Squads Set for Audits at Tourist Enterprises

Hotels, yachts, gas stations and all tourism-related businesses will go under scrutiny as special tax squads launch on-the-spot audits across Greece.

National Development Plan Set to Stimulate Greek Economy

The Economic and Social Council of Greece recently presented a national development plan, aiming to spur financial activity and restore the country to the economic markets.

Quick Guidelines for Short-Term Rentals in Greece

Greece’s Independent Authority for Public Revenue (AADE) has issued a manual on its e-platform that includes frequent questions and answers regarding short-term rentals.
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