Greece

In efforts to raise revenues for the state, in January 2016 the government introduced an excise tax on wine. However, figures show that instead of making the predicted 65 million euros annually for the state, the new take hikes...

The excise tax on wine that the Greek government has tabled in parliament caused reactions inside the SYRIZA-ANEL coalition putting the fragile majority at risk, as a ruling party MP resigns. SYRIZA MP and former government spokesperson Gavriil Sakellaridis resigned...

According to information revealed by the Greek newspaper Kathimerini, the Greek government intends to exclude from next year’s draft budget revenues from an excise tax on wine that was introduced in 2016. The tax was initally received by the Greek wine market...

Greece's government is to abolish an excise tax on wine introduced in 2015, after the completion of the third bailout program review. Agricultural Minister Vangelis Apostolou, speaking on Tuesday an Athens event organized by the National Interprofessional Organization of Vine...

Agricultural Production Minister Vangelis Apostolou reiterated on Friday the government's intention to abolish an excise tax on wine by the end of the year, saying it failed to produce the expected revenues. Speaking during a visit to a winery in...

After a long debate about the effectiveness of the highly unpopular measure, the government has decided to scrap the controversial special consumption tax on Greek wine. The measure, which not only did not meet revenue targets, but actually boosted illegal...

New Democracy leader Kyriakos Mitsotakis pledged to abolish an excise tax on wine introduced by the current government in 2015, during a visit at the Oenorama 2017 wine exhibition in Athens on Saturday. “It is our firm commitment to abolish...

Main conservative New Democracy (ND) opposition leader Kyriakos Mitsotakis pledged to scrap the special consumption tax on wine if he becomes prime minister. After meeting with local vintners in Nemea in the Peloponnese on Wednesday, he said that the...

Greeks will have to pay a new excise tax on wine as of January 1st, 2016, according to a decision published in the Government Gazette. Specifically, the Special Consumption Tax on wine will be 20 cents per liter, or 15...

Cretan wine makers are complaining that they have suffered a heavy blow due to the new special tax that was imposed on the consumption of bottled wine. The wine makers expressed their feeling in an open letter addressed to...

The European Court rejected Greece's appeal on Thursday to set a lower excise tax for tsipouro and tsikoudia, two of the most traditional and popular Greek alcoholic beverages. Europe's top court ruled in favor of the European Commission which claimed...

A Dutch businessman railed against against the Greek State this week, furious at the unnecessary delaying of his business deal for a debt of 3 cents he owed to the tax office, according to a report on Voria.gr news...

Enterprise Greece and the National Inter-professional Organization of Wine and Vine (EDOAO) have earmarked the sum of 5.5 million euros on joint actions to boost extroversion in 2017. Enterprise Greece and EDOAO co-organized a news conference to present a report...

Greece will soon lower a minimum transaction limit for tax free purchases from 120 to 50 euros to bring the country in line with the EU average, George Pitsilis, secretary-general of Public Revenue said on Monday. Addressing an event at...

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis took the podium at the Thessaloniki International Trade Fair with a message of unity for Greece. "I pledge that we will do all we can to lead Greece out of...