Home World news Greece backs larger tax on short-term leases, levy on cruise arrivals •...

Greece backs larger tax on short-term leases, levy on cruise arrivals • International South World

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The Greek parliament on Wednesday accepted a invoice growing a every day tax on short-term rental and lodge lodging and charging cruise ship guests a levy to deal with the impression of pure disasters on its financial system.

Resulting from local weather change, Greece is dealing with an elevated variety of excessive climate occasions, comparable to floods, droughts and forest-fires, which pressure its public funds. Tourism is the principle driver of its financial system, which emerged from a debt disaster in 2018.

From 2025, the every day tax on short-term leases within the April-October interval – the nation’s major tourism season – will rise to eight euros ($8.41) from 1.5 euros, the invoice says.

In the course of the winter months, the tax will rise to 2 euros from 0.5 euros at the moment.

“We intention to gather 400 million euros yearly, nearly double the quantity we received final yr,” a senior finance ministry official informed Reuters.

The invoice raises a every day tax on lodge lodging by as much as 15 euros in the summertime months, relying on the lodge’s star score. It additionally imposes a 20-euro levy on cruise ship arrivals to the favored islands of Santorini and Mykonos and a five-euro levy to different locations.

In 2023, the federal government submitted a 600-million-euro supplementary price range to compensate households and companies and to revive harm brought on by lethal storm Daniel on rail and street infrastructure.

This text was produced by Reuters information company. It has not been edited by International South World.



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