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Greece Announces VAT Tax Cuts and Tourism Support Measures to Revive Economy

  • Greece announces VAT tax cuts on coffee, beverages, and transportation tickets
  • The tax will be cut from 24% to 13%
  • Direct flights to Greece will resume on July 1
  • Hotels will open on June 15
  • Prime Minister Kyriakos Mitsotakis hopes to revive the economy and tourism sector affected by the lockdown due to the coronavirus pandemic

Source: reuters.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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