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Athens Macedonian News Agency: News in English, 15-09-25
CONTENTS
[01] US President Obama congratulates PM Tsipras
[02] Special VAT rate on islands to phase out as of October 1
[01] US President Obama congratulates PM Tsipras
ANA/MPA---Prime Minister Alexis Tsipras late Thursday received a phone
call by US President Barack Obama who congratulated him on his success
in the national elections.
The two officials discussed the progress made on the refugees issue and
the US President wished the Greek economy to stabilise and to return
to growth.
[02] Special VAT rate on islands to phase out as of October 1
The special VAT rate on Aegean islands will gradually phase out as of
October 1.
Based on the memorandum, the special VAT rate will be initially abolished
on Paros, Mykonos, Santorini, Naxos, Syros, Tinos and Milos islands.
The issue was discussed in a meeting with Finance Minister Euclid
Tsakalotos, Alternate Finance Ministers George Chouliarakis and Tryfon
Alexiadis with the participation of secretary general of Public Revenues
Katerina Savvaidou.
According to sources, they said they would proceed with a legislative
act for the implementation of the measure by next Monday. This will mean
that VAT rates will increase from 5 percent, 9 percent and 16 percent
to 6 percent, 13 percent and 23 percent as for the rest of Greece.
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