Welcome to San Stefanos (NW Corfu) > San Stefanos news and views
VAT and Greek economy
benson:
Has anyone still in the resort noticed any price rises, I see that some trips have risen in price.
Beer and meals ? 13% to 23% equates to 9% rise, surely it will rise to nearest 50cents - rounded up obviously.
So 9€ set meal becomes €10, and a 3€ Mythos becomes 3.5€ ?
tenbeech:
The increased Euro exchange rate will dampen the effect of the increased VAT rate , The pain will be noticed if or when the Euro rate returns to previous ( Lower) levels. I'm sure there is a lot more pain to come , borrowing money to pay off debts is never going to work.
Jimbo:
It's 10%, actually.
Most tavernas will probably swallow the increase.
benson:
100€ at 13% vat = 113€
100€ at 23% vat = 123€
An effected rise of 8.85%
Jimbo:
That's the overall price, yes - but the VAT increase is still 10%!
Navigation
[0] Message Index
[#] Next page
[*] Previous page
|
San Stefanos Where to eat Cafés and Bars Holiday Info Tourist info |
Local Walks Walk to Arillas Walk to AG Georgios Walk to Afionas Walk to Porto Timoni |