Greek restaurants to feel the pinch from VAT rise – BBC

Greek banks are set to reopen, with controls, after three weeks of closures sparked by the deadlock over the country’s debt.

From Monday, the daily limit becomes a weekly one, capped at €420, meaning Greeks will not have to queue every day.

They will also pay more on a range of goods and services, including taxis and restaurants, with VAT rising from 13% to 23%.

The BBC’s Mark Lowen reports from a traditional taverna in Greece on the likely impact.

See the video here.

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