Thursday March 5, 2015 Search
Weather | Athens
20o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Illegal tobacco trade has cost state 565 mln

By Anestis Dokas

The state missed out on taxes of about 565 million euros last year due to the illegal tobacco trade in Greece, which showed a 4.4 percent rise year-on-year, reaching 17.8 percent of all tobacco trading, according to a survey by KPMG conducted across the European Union for four major tobacco multinationals.

The vast majority (seven out of 10) of illegal cigarettes in Greece are the so-called “illicit white” brands, produced outside the European Union and which resemble well-known brands. Their numbers in Greece grew by 63 percent in 2013 from 2012.

Greek police seized the second-highest quantity of illicit whites in the EU last year, amounting to 2.8 billion cigarettes.

Across the EU one in every 10 cigarettes consumed last year was illegal. One third of them (33 percent) were illicit whites, which are the emerging leading form of illegal tobacco, the KPMG study found.

ekathimerini.com , Thursday June 26, 2014 (23:35)  
ECB says willing to restore financing for Greek banks once deal is reached
Court blocks sale of luxury Astir seaside resort
Greece cannot rely on ECB to dodge funding crunch, Draghi says
ECB keeps rates unchanged as investors await QE details
Samaras says those wanting ND leadership change to speak out
New Democracy leader Antonis Samaras on Thursday expressed his willingness to stay on as party chief following the January 25 election which saw New Democracy losing out to leftist SYRIZA wh...
Kasidiaris refuses any involvement in Baltakos recording
Golden Dawn MP Ilias Kasidiaris on Thursday faced an investigative magistrate in a case involving the secret recording of a conversation with former cabinet secretary Panayiotis Baltakos, a ...
Inside News
SOCCER
Super League restarts, but behind closed doors
Deputy Minister for Sports Stavros Kontonis announced on Wednesday the resumption of the Super League this weekend after it was suspended last week following crowd trouble at the Athens derb...
SOCCER
Marinakis fines Olympiakos players
Olympiakos president Evangelos Marinakis on Monday fined the team 500,000 euros for disappointing performances and called on them to make a «sacrifice» to win trophies or leave. "Olympiakos ...
Inside Sports
COMMENTARY
Greek-Turkish relations
There are other issues beyond those focusing on the economy that the government, formerly of the “Indignants” and currently adapting – willingly or unwillingly – to eurozone realities, is fa...
EDITORIAL
Government policy
The issue of irregular immigration is taking on serious dimensions on an international level, while in Greece it is bordering on crisis levels. The government’s duty is to handle the issue w...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Samaras says those wanting ND leadership change to speak out
2. ECB says willing to restore financing for Greek banks once deal is reached
3. Court blocks sale of luxury Astir seaside resort
4. Greece cannot rely on ECB to dodge funding crunch, Draghi says
5. ECB keeps rates unchanged as investors await QE details
6. Kasidiaris refuses any involvement in Baltakos recording
more news
Today
This Week
1. Greek-Turkish relations
2. Greece struggles to make debt math work amid bailout standoff
3. Greece seeks to plug its 'Bermuda Triangle' of lost taxes
4. Greece has backup plan if March bailout cash fails to arrive, says Varoufakis
5. Draghi details sought as ECB's QE plan poised to be fleshed out
6. Government policy
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. The Greek tax drama
5. The unlikely winners of Greece's surrender on euro
6. Varoufakis to make six reform proposals at Monday's Eurogroup
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.