Finance Ministry lines up changes to car taxation

The Finance Ministry has announced plans to change the way that cars are taxed in Greece, creating what it says will be a “fairer” system.

According to the ministry’s statement, vehicles will be taxed according to their retail price rather than engine size, as is currently the case.

The government also plans to introduce a pollution tax for older and less environmentally friendly vehicles. The ministry gives the example of cars that are more than 20 years old but it is not clear if this will be the threshold in terms of age.

The ministry said its officials would be meeting representatives of the car industry in the coming days to discuss the proposals.

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