Elena
Greek government to reduce VAT for tourism and transportation
ATHENS – Greece's tourist sector, especially places serving food and beverages, will get much-needed relief in the aftermath of the COVID-19 Coronavirus pandemic through a cut in the Value Added Tax (VAT) as the country also hopes visitors will come this year.
The VAT will be cut from 24 to 13 percent by the New Democracy government that also paid out 17.5 billion euros ($18.98 billion) in benefits to workers laid off and their businesses that were temporarily closed during a lockdown.Read more