ShippingWatch

Greek lenders want higher shipping taxes

Greek creditors propose increased taxation of ship management companies and a gradual dissolving of the favorable tax legislation that has a history of protecting the country's shipping industry.

Photo: Pressefoto

During negotiations with the government in Athens, Greece's international lenders have been pushing for an increase in the taxation of two of the country's most important industries, shipping and tourism.

According to news media Seatrade Maritime News, the creditors have made a proposal on June 25th to increase taxation of the many Greek-based ship management companies, and also gradually dissolve the political and economical framework which has historically ensured very favorable conditions for the country's shipowners.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Norden reshuffles management and dials up growth ambitions

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carrier's tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs