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Tax Evasion from Greek Tourism to Reach €1.5 Billion in 2014

GREECE/Tax evasion from the tourism industry will cost Greece 1.5 billion euros in lost revenue in 2014, said the President of the Hellenic Chamber of Hotels (CHC), Giorgos Tsakiris.
According to, Tsakiris made the blunt statement during an international tourism forum on the effect of the new international trend of “Sharing Economy” in Greece.
The subject of short-term renting on small lodgings, 80% of which do not have legal certification according to industry data, is a major problem for legally operating hotels.
HCH recently released a report entitled “The effect of Sharing Economy in the tourism industry and hospitality in Greece.”
Greek Tourism Minister Olga Kefalogianni gave the opening speech in the “Sharing Economy” forum where representatives of the tourism industry presented data showing the phenomenon’s negative impact in the country.

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