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Greece's latest tourism industry news by Greek Travel Pages (gtp)

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.