- MP Manos Konsolas submitted a question to the Minister of Finance about reinstating reduced VAT rates in Rhodes. He argues that Rhodes, beyond its tourism image, has small and medium businesses struggling with high transport costs and competitiveness issues. Konsolas highlights that conditions have changed since 2015, with increased VAT revenues due to electronic transactions. He urges the government to consider the fiscal implications and plan for reduced VAT rates in Rhodes, emphasizing the island’s significant contribution to public revenues.
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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