Tax free shopping sales in store recovery reached 141% in February 2024, says Global Blue

Global Blue reveals that the global tax-free market recovery momentum remains strong in continental Europe and Asia Pacific. Globally, the recovery in like-for-like store sales reached 141% in February 2024 compared to the same period in 2019, up from 135% in January ’24. A Steady Worldwide Recovery, Compared to 2019 Levels In Continental Europe, the […]

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TUI has a €500 million sustainability-linked bond | Increased by €200 million

Satisfied by the significantly higher demand for its sustainability-related bond, the TUI tourism group decided to place €500 million, instead of €300 million, which was the original offer to institutional investors. The company, which will soon return to the MDAX, intends to use the proceeds to repay its debt and cover the costs associated with […]

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Kostis Hatzidakis requests the reduction of POS commissions

-Meeting with representatives of banks and POS providers A working session between the Minister of National Economy and Finance, Costis Hatzidakis, the responsible Deputy Minister Harris Theocharis and representatives of banks and POS payment service providers was held today. The meeting highlighted the progress that has been made in the major project of interconnecting POS […]

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Greek hotel suites in the Top 100 in the world

-Two suites of top Greek hotels are included in the elite list of accommodation recommendations around the world and therefore in Elite Traveler’s annual list of the 100 best hotel suites in the world for 2024. In particular, the distinguished guide, which directs people with extremely high incomes to the rich mosaic of global luxury […]

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Stricter fines for POS providers, cashiers and delinquent businesses

-New funding cycles from European funds for the purchase and interconnection of POS Stricter fines and penalties not only for any defaulting businesses that have not interconnected their POS with their cash registers, but also for the providers of POS, ERPs and cash registers in case they do not cooperate, among other things, is provided […]

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TUI: 9,4 million reservations! Prices at +4% | Greece again the benchmark in Summer 2024 | SIZES

Increased bookings and prices, both in the current winter season and in the Summer of 2024, are recorded by TUI, with Greece “leading” in summer bookings, as revealed by the leading travel agency, releasing the data for the first quarter of the new financial year (October to December 2023). With the current 8% annual increase […]

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ALTOUR: Increased cost of business travel in 2024 | What happens to flights and hotels

While prices of airline tickets, hotels and car rentals are stabilising, corporate travellers are expected to pay more to travel this year, according to the forecast of ALTOUR 2024. As the travel management company revealed, the stormy increases in travel costs that preceded the previous two years are expected to subside this year. Leisure travel […]

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Mr. Hatzidakis: For another year the suspension of VAT on new buildings | 5 initiatives of the Ministry of National Economy and Finance for real estate

The actions of the Ministry of National Economy and Finance to be implemented in 2024 for real estate presented the Minister, Kostis Hatzidakis, speaking today at the 41st Panhellenic Conference of Property Owners. Hatzidakis stressed that the objectives of the government’s policy in this sector are the balance in the housing market by increasing the […]

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Independent Authority for Public Revenue (IAPR) turns its attention to events | Massive controls, 9 padlocks and 61% delinquency

Extensive checks were carried out throughout Greece, from early Saturday evening until the early hours of Sunday morning, by auditors of the Independent Authority for Public Revenue (IAPR). The target of the business was halls, where events with many participants are held (baptisms, weddings, club pies, etc.). The checks were carried out simultaneously in Attica, […]

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