Greek Eateries Keeping Reduced VAT

The first week of a five-month trial in Greece of cutting the Value Added Tax (VAT) from 23 to 13 percent on food services such as restaurants and tavernas isn’t going well, with 92-95 of the eateries not reducing their prices and apparently keeping the profits for themselves, putting in jeopardy already whether the reduction will last. Prime Minister Antonis Samaras warned ahead of the ...

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