60% OF HOTELS EXPECTED TO GO BANKRUPT DUE TO HIGH TAXES

Business | January 28, 2002, Monday // 00:00

60% of the hotels will go bankrupt due to the high patent taxes, the Association of Hoteliers and Restauranteurs forecasts. In a declaration, addressed to Parliament and the Government, the representatives of the association, write that the high taxes will lead to a drop in the quality of the services in the tourism sector.
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