The Greek Government has announced a rise on the special consumption tax on cigarettes. As a result periptero owners are reportedly considering to strike at the end of this month to protest the damage on their business by this new tax regulation.
They claim that of the 45,000 kiosks and other outlets selling cigarettes that were in business at the start of the year, 1,300 have shut down. Kiosk owners say tax now represents 85.7% of the cost of a packet of cigarettes, allowing for just a 13-euro-cent profit, which is 10 cents less than they used to make before the hike earlier this year. They claim that cigarettes account for 80% of their total sales.
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
