Despite an accelerating economy and likely second straight year in tourism bringing in billions of euros, Greek Finance Minister Kostis Hatzidakis said the New Democracy government can’t afford to cut the tax rate on food.
“We cannot and do not want to reduce Value Added Tax (VAT) he said, refusing a request from Association of Greek Food Industries (SEVT) President Ioannis Jotis, at the body’s annual general assembly.
Source: The National Herald
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