South Aegean Region Proposes Reduced VAT Rates and Sustainable Tourism Initiatives for Islands

• 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.

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