Shipowners: Greek tax dispute could spread to EU

The Union of Greek Shipowners fires back after the EU Commission has challenged the country's tax legislation for the shipping industry. This will have major consequences not only for Greece but the entire EU, writes the union.

Photo: Petros Karadjias/AP/POLFOTO

In an open letter, the Greek Shipowners' Association rejects the EU Commission's accusations that the country's favorable tax conditions for the country's shipowners and operators is out of line in relation to the EU maritime guidelines, and that parts of the Greek tax legislation presumably violates the collective European regulations on state aid.

The EU Commission recently announced a possible lawsuit against the Greek government, which was given two months to react to the EU inquiry.

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