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Greece's latest tourism industry news by Greek Travel Pages

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.

Greek Professionals Want Single VAT Rate For The Whole Tourism Sector

Greek tourism professionals applauded the recent announcement of the VAT cut in the food service sector but also underlined that similar tax reductions must be considered for the whole tourism sector for the country's competitiveness to improve.

Hotel Chamber On Greek Food Service VAT Cut

The Hellenic Chamber of Hotels congratulated the Greek Government and the Prime Minister on 17 July for the persistence and efficiency shown for the reduction of the VAT rate in the food service sector.

VAT Cut On Greek Food Service Expected Next Month

The VAT reduction on Greek food catering services (restaurants, hotel restaurants, cafeterias, etc.) is expected to come into force as of 1 August as the Greek Government and the country’s international lenders seem to be reaching an agreement on the issue.