Greek tourism risks being hit with higher taxes under austerity measures by the country’s government.
Reforms designed to help Greece stay in the euro would see the government abolish special tax exemptions for Greece’s Aegean Islands and raise taxes on restaurants.
According to the Telegraph, this could hike up VAT bills on island hotspots such as Mykonos and Santorini by 30%.
But Christina Kalogera, director of the GNTO UK and Ireland Office, said: "Discussions on changes to VAT are still underway as negotiations have not yet concluded.
"Greece is a very good value destination and this will still be the case what ever the outcome of the discussions."
