{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Crisis-hit Greece cuts VAT on restaurants to encourage business as tourism booms' data-url='/boclips/videos/5c54c532d8eafeecae16e664' data-video-url='/boclips/videos/5c54c532d8eafeecae16e664' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nCrisis-hit Greece cuts VAT on restaurants to encourage business as tourism booms\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Wide of tourists walking on the streets of Plaka, central Athens2. Mid of tourists eating at a restaurant 3. Wide exterior of tavern called \"Ta yiouvetsakia\" (type of traditional Greek food)4. SOUNDBITE (Greek) Manos Kalivokas,...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Wide of tourists walking on the streets of Plaka, central Athens\u003cbr/\u003e2. Mid of tourists eating at a restaurant \u003cbr/\u003e3. Wide exterior of tavern called \"Ta yiouvetsakia\" (type of traditional Greek food)\u003cbr/\u003e4. SOUNDBITE (Greek) Manos Kalivokas, restaurant owner:\u003cbr/\u003e\"With the VAT on 23 percent we could not survive, most of us (restaurant owners) were about to shut down. (The reduction of the VAT) will give a boost to everybody, it was a very good move.\" \u003cbr/\u003e5. Close of sign reading (Greek) \"The VAT was reduced, we put down the prices!\"  \u003cbr/\u003e6. Close of sign reading: \"Tavern, Ta yiouvetsakia\"  \u003cbr/\u003e7. Wide of tourists walking down a street lined with shops\u003cbr/\u003e8. SOUNDBITE (Spanish) Jose Victor Gomez, Spanish tourist: \u003cbr/\u003e\"I would like to say that this is a good thing, the reduction of the prices, but it's not always good. It is better for us, as we can consume more.\"  \u003cbr/\u003e9. Mid of tourists in front of a T-shirt that reads (Greek) \"Greece\"   \u003cbr/\u003e10. Wide of Harry Theoharis, General Secretary of Public Revenue at his desk\u003cbr/\u003e11. SOUNDBITE (English) Harry Theoharis, General Secretary of Public Revenue: \u003cbr/\u003e\"Since today we start with a new regime the reduction of VAT in restaurants. We expect that this will stimulate demand allowing the restaurants to increase their revenues, and in turn, will remove any incentives for evading tax and ensuring that all restaurants report actual revenues.\" \u003cbr/\u003e12. Tilt down of hotel\u003cbr/\u003e13. SOUNDBITE (Greek) Nantia Tsatsarou, Revenue and Sales Manager, Athens Plaza Hotel:\u003cbr/\u003e\"There is a big rise in tourism lately, especially in Athens, that's what I can talk about to you now, mainly because of the country's stability.\" \u003cbr/\u003e14. Wide of Ryanair news conference\u003cbr/\u003e15. SOUNDBITE: (English) Kate Sherry, Ryanair Deputy Director of Route Development:\u003cbr/\u003e\"The tourism potential of Greece remains unexploited. There's poor connectivity and there's strong seasonality. Aviation activity in Greece has grown slightly this year, compared to last year, however it's still lower than in 2000.\" \u003cbr/\u003e16. Wide of map showing the potential flights from and towards Athens under Ryanair's plan \u003cbr/\u003e17. SOUNDBITE (English) Kate Sherry, Ryanair Deputy Director of Route Development:\u003cbr/\u003e\"Ryanair proposes to increase our passenger traffic from 1.4 (m) million passengers this year to 10 (m) million passengers per annum, by 2017. We propose to deliver 4 (m) million passengers per annum to Athens, reversing their five-year traffic decline, 2 (m) million passengers per annum to Thessalonika, 4 (m) million passengers to other airports that we serve and as well as replacing the capacity lost from the cuts of other airlines this would deliver a huge boost to Greek tourism and connectivity.\" \u003cbr/\u003e18. Wide exterior of hotel\u003cbr/\u003e19. SOUNDBITE (Greek) Yannis Adamantopoulos, Director of Athens Gate Hotel:\u003cbr/\u003e\"The issue of the cost of Eleftherios Venizelos Airport (Athens Airport) is a very important one, which affects the arrivals of the tourists as well as the international co-operations\" \u003cbr/\u003e20. Wide exterior of parliament and tourists \u003cbr/\u003e21. Various of tourists\u003cbr/\u003eGreece has imposed its first tax cuts since the start of the country's bailout started three years ago - in a measure seen as a test of confidence from rescue lenders.\u003cbr/\u003eThe pilot measure to slash sales taxes, or VAT, on restaurant and catering services from 23 to 13 percent, went into effect on Thursday - the same day that government officials announced that Greece is expecting a record tourism season this year.\u003cbr/\u003eThe tax cut came after months of negotiations between the conservative-led government and the so-called \"troika\" of bailout inspectors from the European Union, European Central Bank, and International Monetary Fund.\u003cbr/\u003eRestaurant owners were glad with the new measure, as it could attract more tourists. \u003cbr/\u003e\"With the VAT on 23 percent we could not survive, most of us were about to shut down,\" said restaurant owner Manos Kalivokas.\u003cbr/\u003eThe General Secretary of Public Revenue Harry Theoharis said that he hopes that tax cut will spark a new cycle of economic growth.\u003cbr/\u003e\"We expect that this will stimulate demand allowing the restaurants to increase their revenues, and in turn, will remove any incentives for evading tax and ensuring that all restaurants report actual revenues,\" he said.\u003cbr/\u003eGreece argues that the tax relief will boost revenue in the country's vital tourism sector, with a record 17 million overseas visitors expected in the crisis-hit country this year. \u003cbr/\u003eTax inspections, typically lax on Greek holiday islands, have been bolstered for August to press restaurant owners to issue receipts and avoid tax evasion. \u003cbr/\u003eGreece recently also relaxed Sunday trading restrictions to try and take advantage of the buoyant tourism season.\u003cbr/\u003eGreek officials forecast that the country will attract a million more visitors in 2013 than it did last year. \u003cbr/\u003eNumbers have been helped by growth in the eastern European market, the expansion of services by low-cost airlines serving more regional airports, and recent upheavals in nearby destinations including Turkey and Egypt. \u003cbr/\u003eThe Bank of Greece reported that a more than a (m) million visitors came to Greece in first quarter of 2013, a 4.6 percent increase from the previous year. \u003cbr/\u003eThe sales manager of the Athens Plaza Hotel Nantia Tsatsanou said that the rise is mainly a result of Greece's stability. \u003cbr/\u003eNevertheless, the low cost airline Ryanair said that tourism could grow a lot more in Greece.\u003cbr/\u003e\"The tourism potential of Greece remains unexploited. There's poor connectivity and there's strong seasonality. Aviation activity in Greece has grown slightly this year, compared to last year, however it's still lower than in 2000,\" said the airline's deputy director of route development.\u003cbr/\u003eOn Thursday she outlined a plan to bring up to 10 (m) million more tourists in the next four years to Greece and create approximately thousands positions of employment.\u003cbr/\u003eThe airline wants to create another 70 to 80 routes within Greece, use another three airports and create two new bases for its aircrafts. \u003cbr/\u003eSherry said the plan could bring a revenue boost of 4.5 (b) billion euros (6 (b) billion US dollars) per annum.\u003cbr/\u003eThe Director of Athens Gate Hotel, Yannis Adamantidis agreed that the fares in Athens'  Eleftherios Venizelos airport are high which deters some tourists.\u003cbr/\u003eAdamantidis said that his hotel has a rise of about 11 percent in terms of arrivals in comparison to 2012. \u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv 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