Greek shipping's tax fears resurface

Fears of new tax conditions for the Greek shipping cluster now seem rekindled among the country's big shipowners, reports Seatrade Maritime. Do the big companies know something the smaller ones do not, one industry figure asks.

Demonstrationer i Athens gader i forbindelse med redningspakken. | Photo: Anthon Unger/POLFOTO/arkiv

Yet again, fears seem to have rekindled in the Greek shipping cluster, with rumors of certain shipowners potentially moving abroad being described as alarming. Shipowners gathered in the Union of Greek Shipowners, UGS, have agreed to pay a higher tonnage tax in relation to the bailout agreement the country's Syriza-led government has signed with its lenders.

Greece's maritime cluster can thus look forward to an increase in tonnage tax of EUR 110 million ahead of 2017.

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