Laws, Regulations & Policy IMF Calls For VAT On Greek Food Service To Rise Again To 23% by GTP editing team 3 December 2013 written by GTP editing team 3 December 2013 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 18 The International Monetary Fund (IMF) is pushing for the value-added tax (VAT) on Greek food services to return to 23 percent, Greek press reports said. On 1 August the VAT rate on food service in Greece went down from 23 to 13 percent. According to press reports, the measure was deemed ineffective by the IMF as the VAT decrease failed to show the awaited results (increase in jobs or a reduction in prices), during the five-month trial period. The IMF warned that state coffers will be deprived of 200-300 million euros if the VAT rate does not rise again to 23 percent. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Etihad Airways Crowned World’s Leading Airline For 5th Consecutive Year next post HATTA Signs UNWTO’s Global Code of Ethics for Tourism You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
