France Even Cheaper Starting July 1
June 22, 2009
"Eating out in France will soon be even cheaper," writes Correspondent in that country Lucy Culpepper.
"July 1, in an attempt to attract tourists worried they can't this year afford a trip to the Continent, the French government is implementing a big drop in the TVA (local sales), from 19.6% to 5.5%, payable by restaurant owners.
"To benefit from this cut, restaurant owners must agree to an 11.8% decrease in the prices of 7 key menu items (selected from a list of 10 items chosen by the government), including starters, the dish of the day, and the ubiquitous black coffee.
"I hope to write, very soon, to report a three-course lunch for just 10.80 euro. And I say now, come on over. France is far more affordable than you might think!"
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