Pages

Tuesday, June 14, 2016

Greek Alcohol, Cigarette Tax Hikes Backfire, Revenues Fall

ATHENS – Big hikes in taxes for alcoholic drinks and cigarettes in Greece have led to a fall in revenues and increased smuggling of the goods. The imposition of the special consumption tax (EFKOP) has prompted consumers to switch to alcohol sold in bulk, which is not taxed and seen a 3.5 percent drop in


READ THE ORIGINAL POST AT www.thenationalherald.com