The food catering sector has been suffering in the last 12 months due to the increase in value-added tax to 23 percent, as data released on Wednesday by the association of organized food catering chains (SEPOA) shows turnover declined by a disappointing 40 percent in the full year since the application of the increased taxation.
In the 12-month period, turnover contracted from 3 billion euros to just 1.8 billion, while some 4,000 enterprise have shut down and about 30,000 employees have lost their jobs.
SEPOA is once again asking for the immediate reduction of the VAT rate to 9 percent, so that the sector’s enterprises can become viable again and to avoid the loss of more jobs, while increasing state revenues.
Odysseas Drivalas has been appointed president of the civil servant’s umbrella union, ADEDY, replacing Costas Tsikrikas, who is entering retirement.
Formerly an ADEDY vice-president, Drivala...
Greece came to the brink of a eurozone exit at one point in time according to Luxembourg Prime Minister Jean-Claude Juncker. In an interview aired on Skai TV's New Files program late Tuesday...
New PAOK coach Huub Stevens has called for unity among fans after taking charge of the Greek club whose players said they feared for their lives last season because of regular protests.
Gree...
Greek canoeing champion Andreas Kiligkardis died on Wednesday after losing his battle against leukemia.
The 37-year-old had been in a coma since last Tuesday at a hospital in Poland - where ...
The people of this country need to see their politicians start producing real, tangible results. One of the leading factors behind the anger and frustration felt by so many Greeks toward the...
There is no room for ego trips and personal whims when the country’s survival is at stake. The three party leaders who agreed just a year ago to join forces in order to govern the country mu...
