Travel receipts in Greece reached 100 billion euros during the 8 years of the crisis, head of the Greek Tourism Confederation (SETE), Yiannis Retsos stressed during his speech in the context of SETE’s 26th general meeting.
Despite the excessive taxation, tourism last year directly accounted for the creation of 10.3 percent of the country’s gross domestic product, while the sum of its direct and indirect contribution is estimated at between 22.6 and 27.3 percent of GDP.
He also noted on Thursday that tourism has managed to retain its role as the protagonist in the effort to get the Greek economy back on track for yet another year, even though Greece as a destination is facing increased competition and the local tourism product is overtaxed.
Retsos went on to enumerate the necessary conditions for tourism to keep growing: They are summarized in the maintenance of political and economic stability, the creation of a realistic and stable tax framework, the operation of a flexible credit system, the development of a national zoning framework, and the enforcement of the rule of law.
At the same event, Aegean Airlines chairman Eftichios Vassilakis tabled a proposal for taxation incentives with the aim of reducing the seasonal character of tourism, and underlined the need to reduce the tax and social security burden on employees in the sector.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
