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

Greek Public Transport Rates to Rise

As of Monday, a single ticket on any mode of transport will cost 1.40 euros compared to the current 1.20 euros, with reduced tickets remaining the same at .60 cents.

What Does Greek Tourism Stand to Lose?

Negotiations between Greece and its international lenders are at a standstill and the tourism sector is on the edge waiting to see which measures will affect its future.

Study: Lower VAT Can Tackle Tax Evasion, Boost Competitiveness

The reduction of value-added-tax (VAT) can reduce tax evasion and improve competitiveness, according to a study that contains data following a VAT rate reduction in the Greek restaurant industry in August 2013.

Greece Tourism Sector Targets 25 Million Int’l Arrivals in 2015

SETE, Greece's main tourism body, announced today that its official target for 2015 is for the country to attract 25 million international arrivals and over 14 billion euros in revenue.

SETE Lauds FinMin’s Pledge for No VAT Hikes in Tourism

SETE president Andreas Andreadis expressed his satisfaction with Finance Minister Yanis Varoufakis' latest attitude during talks between Greece and eurozone finance ministers on Monday, against the increase of VAT rates that apply on the Greek islands.

Athens Airport Denies Dodging VAT Tax, Releases Information On The Matter

Athens International Airport (AIA) has denied recent media claims and reports about a pending legal dispute it has with the Greek Government concerning its VAT obligations.

Low VAT On Greek Food Services To Extend Beyond December 2013

The Greek Government has extended the reduced 13 percent value-added tax (VAT) rate on food services beyond a five-month trial period that expires on 31 December 2013.

SETE Targets 18 Million Int’l Arrivals To Greece In 2014

Next year will be a record year for Greek tourism as long as the country remains politically stable, the president of the Association of Greek Tourism Enterprises (SETE), Andreas Andreadis, said at a media briefing.

IMF Calls For VAT On Greek Food Service To Rise Again To 23%

The International Monetary Fund (IMF) is pushing for the value-added tax (VAT) on Greek food services to return to 23 percent.
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VAT Cut For Greek Restaurants Expected This July

“On 1 July the VAT on food catering services will be reduced to 13 percent following negotiations of the Greek government with the troika,” the president of the Association of Greek Tourism Enterprises, Andreas Andreadis, said 25 April, after a meeting with Greek Development...
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Tourism Minister Says Early Bookings To Greece Are Going “Very Well”

“Early bookings are going very well and it gives us reason to believe that we will have a large increase in tourism to our country,” Greek Tourism Minister Olga Kefalogianni said in a statement today, 11 April.

Greek Tourism’s Expectations From New Government, SETE

Five steps are needed to support Greek tourism, SETE said prior to the country’s parliamentary elections in May.

VAT Hike Puts A Damper On Greek Tourism

The government’s effort to solve Greece’s fiscal problems will not be successful if not accompanied by measures to support tourism, President of the Association of Greek Tourism Enterprises (SETE) Nikos Angelopoulos recently said in a letter to Finance Minister Yiorgos...

Hotel Chamber Wants Support Measures to Tackle Crisis

The Hellenic Chamber of Hotels called for the state and the private sector to overhaul their forces in order to formulate a new tourism strategy, which will assist the industry to limit the negative impact of the international economic crisis.