Calamos Supports Greece

Tobacco Taxes

IOBE Warns New Tax Hikes on Tobacco Products Will Cause Loss of €100 Million Euros State Revenue

On Monday a new report by the Foundation for Economic and Industrial Research (IOBE) warned that the new tax hike to be placed on tobacco products starting January 1, 2017 will actually cause a 100 million euro annual loss in...

Financial Crisis Sparks Cigarette Smuggling in Greece

Nearly a quarter of tobacco products used in Greece are likely to have been smuggled in to the country, according to the latest data from the Center For Planning and Economic Research (KEPE). KEPE's survey aimed to define the extent of...