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

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.

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.

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.

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.

Aegean Island Mayors Appeal to European Parliament Over VAT

The mayors of the North and South Aegean islands have appealed to the European Parliament over the abolition of a special tax status applicable until now.

Greek Tourism Sector to Shoulder Tax Burden in 2018

Greece’s tourism sector is set to bear the brunt of the country’s economic recovery according to the economy ministry’s latest set of measures set to take effect in 2018.

Greece’s Axed Special Island Tax Status Causes Stir

Greek tourism sector professionals are calling for the government to not abolish reduced VAT rates for a number of Greek islands as of January 1, 2018.

Greek Island VAT Rise Not Bringing in Gains

Revenue from the elimination of a special tax status applicable on a number of Greek islands has proven disappointing, according to an October tourism survey.

Greece’s Economic Chamber Says Reduced Island Tax Status an EU Provision

The Economic Chamber of Greece is calling on the government to retain the special tax status applicable on Greek islands.

Greek Gov’t Seeking Way to Put Island VAT Hike on Hold

Α decision to eliminate a special tax status on the Greek isles may be postponed, as the government looks into ways to ease the tax load on its citizens.

Reforms vs Taxes: Doing Business in Greece Still an Uphill Battle

Less red tape and reforms aside, business owners in Greece still have to hand over more than half of their earnings to the state.

Public Revenue Authority Launches More Probes into Greek Hotels

In efforts to curb tax evasion, Greece’s Independent Authority for Public Revenue (AADE) said it was reinforcing inspections at hotel businesses across the country.

Five-star Tax Dodgers Uncovered by Greek Revenue Inspectors

Greek tax inspectors recently proceeded with checks to over 700 accommodation facilities, including five-star hotels and rooms to let, throughout Greece.

Product Price Hikes Across 32 Greek Isles as of Jan. 1

Products and services on 32 islands in the Dodecanese and North Aegean Region will go up as of January 1, 2018, due to new VAT rates.

Greece Hotels Under Public Revenue Authority Scrutiny

Greece's independent Authority for Public Revenue said it would begin inspections of hotel businesses across the country in efforts to curb tax evasion.

Draft Law Aiming to Tax Airbnb-style Rentals in Greece

A bill to be voted on in Greek parliament is set to impose a 15-45 percent tax on annual income, earned from the short-term lease of property for tourism purposes.

Weak Spending, Last Minute Bookings Take Toll on Greek Tourism

Last-minute reservations and decreased spending combined with an onslaught of taxes are cited by the Greek Tourism Confederation (SETE) as the reason behind declining revenues from tourism this year.
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