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Post by artisans on May 7, 2010 21:33:40 GMT 2
The perspective on VAT increases is that a substantial meal for two, currently costing 40 euros, will increase to 41.34 euros, IF the restaurant owner decides to pass on the increase. All the meals for two people, staying for 14 nights, will increase by just 18.76 euros TOTAL! (About £16 for two people over two weeks.)
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Post by sthelenssaint on May 8, 2010 1:03:56 GMT 2
yes steve for visitors/tourist what about the other 6 months when there are no visitors to pay vat and any tax the goverment decide to implement to placate the stronger members of the eurozone ,
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Post by lisydaly on May 8, 2010 9:43:27 GMT 2
VAT increases are across the board - not just on the price of a meal. Fuel prices are already shooting up in Greece which makes transport costs higher. These costs will have to be passed on in the end making things more expensive. It's a fact of life. Corfu is an island, most things have to be transported there, taxis have to run, foodstuffs have to be brought in, as does drink. Nobody can sustain a business on last years prices for long - they would go under. There will also be an increase in tax on drink and cigarettes - in the end this will be passed on to the consumers. The price hikes may not happen right away, but they will happen, so it's no good burying heads and thinking a holiday to Greece won't be more expensive, because it will - as will holidays to most parts of the eurozone - we have to pay for the loan given to Greece and have a vain hope it will be paid back. I won't hold my breath on that one.
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Post by artisans on May 12, 2010 17:06:50 GMT 2
The cost of products in Greece is different than the UK - but not necessarily dearer. Fresh seasonal produce is far cheaper and of a higher quality, whereas international brands of processed foods are certainly dearer. Yesterday, I went to the large local garden centre and bought these products. 3 large courgette plants, 1 green pepper, three Greek basil plants and two packets of seeds containg far more than you get in the UK. The cost was just 6 euros 'ola mazi'.
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