The economic effects of the Pandemic are still being absorbed by some countries, both in Europe and globally. Amplified by soaring energy prices, an unavoidable side-effect of these colliding difficulties is the adjusting of VAT rates, which allows countries to stabilise their economies.

Greece, to this effect, has extended the reduced 13% and 6% in the country for following sectors until 31 December 2023:

• ·non-alcoholic drinks
• specific works of art
• dance schools
• gyms and passenger transport
• zoo tickets
• personal hygiene and protection products
• cinema tickets
• theatre and concert tickets

Greece is a compliant territory for Kofax and our e-invoicing solution supports all valid VAT rates in the country.

You can read more about e-invoicing in Greece on our country-specific dedicated page here.