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> Economy

Hellenic Chamber of Hotels presents relief proposals for after the pandemic

The proposals focus on five categories: reinforcing hygiene in hotels, labor, tax, bank loan settlements

Newsroom April 14 10:57

The Hellenic Chamber of Hotels on Monday presented a comprehensive package of proposals for the implementation of guarantee measures to support the sustainability of Greek hotels following the coronavirus pandemic, ANA reports.

The proposals focus on five categories of measures: reinforcing hygiene in hotels, labor, tax, bank loan settlements, and other miscellaneous issues.

The Chamber calls for new hygiene rules in hotel operation after the end of the emergency measures, a suspension all social insurance debt settlements, state subsidies for social insurance contributions paid by employers, the offer of a 12-month unemployment benefit to seasonal workers in the tourism sector, as well as an immediate reduction of VAT on hotels to 6% and 13% for restaurant services for the next three years.

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Greek hotels fear bankruptcy, survey shows

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Furthermore, the abolition of a supplementary special property tax, suspension of payment for all updated tax debt settlements and state guarantees of bank loans.

The hoteliers also proposed a new framework for the long-term repayment of existing loans along with the extension of sale and leaseback contracts for a period of three years.

Read more: Tornos

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