Andreas Andreadis

Tourism chief slams government plans to raise VAT at Greek hotels

A rise in the value-added tax rate for hotels from 6.5 percent to 13 would be a “suicidal” move for Greek tourism, the Association of Hellenic Tourism Enterprises (SETE) chief Andreas Andreadis said on Monday.

Andreadis was reacting to reports that the government has proposed the measure as part of an effort to bridge its differences with the troika over next year’s fiscal gap.

Tourism accounts for about a fifth of Greek economy

By Stathis Kousounis

In a message to mark World Tourism Day on Saturday, Association of Hellenic Tourism Enterprises (SETE) president Andreas Andreadis estimated that tourism’s contribution to Greece’s gross domestic product has risen considerably in 2014 and will come close to 20 percent, from just over 16 percent previously.

Tourism is beating expectations

 Arrivals from abroad to add up to a record 21.2 million in 2014 including cruise passengers, SETE estimates

By Stathis Kousounis

Foreign tourists visiting Greece this year are expected to add up to a record 21.2 million, including cruise visitors, Andreas Andreadis, the president of the Association of Hellenic Tourism Enterprises (SETE), said on Wednesday.

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