- The South Aegean Region is working to restore reduced VAT rates on the islands.
- A meeting of the South Aegean Regional Council is scheduled for March 31 to discuss this initiative.
- The meeting will consider submitting a proposal to the Ministry of Finance.
- The agenda includes a call for a joint meeting with the Regional Union of Municipalities to discuss the Resilience Fee.
- A Memorandum of Cooperation titled Corfu Declaration will be proposed for approval, focusing on sustainable tourism development.
- The South Aegean Region seeks 75% of the Resilience Fee collected in its territory for environmental and sustainable development.
- The plan includes using the fee for projects like water supply, port infrastructure, schools, and sewage systems.
Source: tornosnews.gr
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.
Latest Posts in "Greece"
- New Democracy Denies Claims of Noncompliance with EU VAT Laws as Fake News
- Greece Introduces Extensive Customs and Tax Legislation Changes, Modernizing and Aligning with EU Law
- 30% VAT Reduction Announced for Select Greek Islands Starting January 2026
- Greek Islands See 30% VAT Reduction to Ease Living Costs Amid Tax Reform
- Greece: VAT on Pleasure Vessels Based on Market Value at Licence Expiration
