{"id":28031,"date":"2011-09-02T17:30:34","date_gmt":"2011-09-02T17:30:34","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ft_restaurants_in_greece_refuse_to_pay_vat_rise\/"},"modified":"2011-09-02T17:30:34","modified_gmt":"2011-09-02T17:30:34","slug":"ft_restaurants_in_greece_refuse_to_pay_vat_rise","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=28031","title":{"rendered":"(FT) Restaurants in Greece refuse to pay VAT rise"},"content":{"rendered":"<p>Tax evasion in Greece threatened to take organised form on Thursday when caf\u00c3\u00a9 and restaurant owners refused to pay a 10-point VAT rise, as a deep recession clashes with the government\u2019s increasingly desperate search for revenue.<\/p>\n<p>The steep rise in value added tax on the hospitality sector from 13 per cent to 23 per cent is part of a package of fiscal measures agreed in return for the country\u2019s second financial rescue by European Union partners.<\/p>\n<p>But for many of Greece\u2019s ubiquitous caf\u00c3\u00a9s and souvlaki stands, which have already seen a 20-40 per cent decline in business in the past year as customers rein in spending, the VAT rise is the final straw&#8230;.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/5a6e2be6-d4aa-11e0-a7ac-00144feab49a.html#axzz1WiNTw915\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tax evasion in Greece threatened to take organised form on Thursday when caf\u00c3\u00a9 and restaurant owners refused to pay a 10-point VAT rise, as a deep recession clashes with the government\u2019s increasingly desperate search for revenue. The steep rise in<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=28031\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,460,589,149,591,200,590,454,587],"tags":[],"class_list":["post-28031","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-corporationscorporate-life","category-economy","category-euro","category-europe","category-european-central-bank","category-greece","category-taxes"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28031"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28031\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}