Author (Person) | Hope, Kerin |
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Series Title | Financial Times |
Series Details | 2.9.11 |
Publication Date | 02/09/2011 |
Content Type | News |
Tax evasion in Greece threatened to take organised form in September 2011 when café and restaurant owners refused to pay a 10-point VAT rise, as a deep recession clashed with the government’s increasingly desperate search for revenue. The steep rise in value added tax on the hospitality sector from 13% to 23% was part of a package of fiscal measures agreed in return for the country’s second financial rescue by European Union partners agreed in July 2011. |
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Countries / Regions | Greece |
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