Gastronomy protests because of VAT increase from January 8th

Gastronomy protests because of VAT increase from January 8th

According to a report by www.focus.de, many restaurants have announced that they will take part in the “No Food Without Us” campaign to protest against the increase in VAT on food. As a result, many businesses remain closed during the campaign week. The protests are set to culminate in a large demonstration in Berlin on January 15th. Participation in the protests varies regionally, but the regional associations of the catering and hospitality industry generally support the protest actions. The affected restaurants mark their closure with posters, notices and social media posts. The impact on the market and the financial sector could be significant, particularly for hospitality businesses, but also for suppliers and transport companies.

Based on the information above, it is expected that participating restaurants and the hospitality industry will experience a significant loss of revenue as they remain closed during the promotional week. This will also impact suppliers and transport companies that deliver their goods and products to these establishments. The large demonstration in Berlin could also lead to traffic delays and inconvenience for residents and other businesses.

In addition, public opinion on this issue could increase and there could be a wider discussion about the impact of the VAT increase on the catering and hospitality sector. This could also have political consequences, as the federal government may have to think again about the VAT decision for the catering industry.

Overall, the protests will have a noticeable impact on the market and the financial industry, particularly on the catering and hospitality industries. They could also help raise awareness of the challenges and pressures these industries face.