Essentials get affordable from November 2023

In a significant development, the Greek Tax Department has announced that the Ministerial Council, during its session on September 13, 2023, has given the green light to an official decree that modifies the VAT legislation. This modification is aimed at imposing a zero VAT rate on specific essential items from Noverymber 1, 2023, to April 30, 2024. The following products are covered by this new provision: Bread: All types of bread, whether fresh or frozen, with or without yeast (e.g.,...