Sunday August 31, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Shipowners deem new tax as unconstitutional

By Nikos Roussanoglou

The Union of Greek Shipowners considers unconstitutional a Finance Ministry tax initiative last December that tripled the capacity tax on all vessels in Greece.

Theodoros Veniamis, the head of the union, told members on Thursday that the three-year tax which applies to all ships belonging to Greece-based companies, regardless of their flag, amounts to a blatant violation of the Constitution.

He added that it practically cancels out the unions preceding voluntary initiative which led to an agreement with the government for the optional doubling of the capacity tax for three years. Almost 3,000 ships, representing the vast majority of the Greek-owned fleet in terms of capacity, had been committed via that process to the voluntary doubling of their taxation, according to the president of the shipowners.

Veniamis said he hopes the government soon realizes that adopting the measure will not bear the desired results, as has been the case with other measures of similar character.

He went on to note that the revenues shortfall that the government had anticipated from the voluntary contribution could be covered either by attracting more new vessels to the Greek register or discussing other ideas that would be mutually acceptable.

Greek shipowners currently have orders for 372 ships at international shipyards, stated Veniamis, reminding his audience that the Greek-owned fleet retained its global lead in 2013, controlling 16.25 percent of the worlds fleet based on capacity. Greeks control 23.5 percent of the global tanker fleet and 18.5 percent of the worlds dry-bulk carriers.

ekathimerini.com , Thursday February 6, 2014 (22:18)  
Disappearing inflation heightens Draghi concerns
Ministry launches work experience program for unemployed graduates
Tax burden in Greece among EUs heaviest, study reveals
Coalition bent on protecting weaker groups
Traveling on public transport in Athens gets cheaper
Commuters will pay 20 cents less for tickets allowing them to use all modes of public transportation in Athens as of Monday, though they will be valid for 70 minutes rather than 90 as was th...
Push made for cuts in education as merger scheme fails
Finance Ministry officials are pressing the Education Ministry to cut costs after it emerged that a program for merging university and technical college departments failed to save 68 million...
Inside News
SOCCER
Tough draw for Greek sides in Europe League Greek stage
Following Thursday nights high, when all three Greek teams competing in the Europa League made it into the group stage of the competition, a harsh reality struck Friday as they found out wh...
JUDO
Greek judoka Iliadis triples up as Aguiar stuns Tcheumeo
Greek star Ilias Iliadis claimed his third world title in the under-90kg category in Chelyabinsk on Friday as Brazilian Mayra Aguiar and Colombian Yuri Alvear won gold in the womens under-7...
Inside Sports
COMMENTARY
Keeping an eye on international developments
The Ukrainian crisis may herald the start of a second Cold War, while there is no shortage of analysts comparing the current international climate to that of 1914 in the runup to World War I...
EDITORIAL
A few good men
It gives us a great deal of hope that we have a new batch of mayors and regional authorities, as well as university rectors who represent the voice of reason and prudence and are unafraid to...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Traveling on public transport in Athens gets cheaper
2. Push made for cuts in education as merger scheme fails
3. Govt aims to curb measures, secure loans, allow tax relief
4. DIMAR chief Kouvelis hints about presidency
5. French expert says Crete crocodile in good health, aged 4-7
6. Tensions mar regional ity swearing-in ceremony
more news
Today
This Week
1. Keeping an eye on international developments
2. A few good men
3. Disappearing inflation heightens Draghi concerns
4. Two men drown off Crete coast in strong tides
5. Traveling on public transport in Athens gets cheaper
6. Push made for cuts in education as merger scheme fails
Today
This Week
1. Attack on gay couple in Athens leaves one man needing surgery
2. Purification rituals
3. The battle against progress
4. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
5. Strong undersea quake occurs off island of Milos, felt in Athens
6. Athens finalizes Paris talks goals
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.