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20 May 2020The Greek government today announced the € 25 billion plan to support the tourism industry and other sectors affected by the coronavirus pandemic. Premier Kyriakos Mitsotakis presented the measures, which envisage a series of subsidies and tax reliefs for tourism and the restaurant sector and a cut in VAT on goods and services related to the tourism industry. Tax relief and cuts will be in effect from June 1 to October 31.       

As a further measure of support for a sector vital to the Greek economy, which is worth almost a third of the GDP, the government is working on a measure that will allow tourists from certain countries to enter Greece without having to undergo quarantine.       

The tourism minister said that the list of countries will be announced in a few days, but it is expected that they will be among others, those of the Balkan and Baltic area and Germany.