Calamos Supports Greece
GreekReporter.comGreek NewsEconomyGreek Auto Market Reacts Positively to Car Taxation Plans

Greek Auto Market Reacts Positively to Car Taxation Plans

Greek Car Market Greek auto market officials reacted positively to a Finance Ministry plan to change car taxation, however, officials said the market should wait for the Ministry’s final proposals to judge the result.
Market officials said a plan to link car taxation to the car’s pre-tax retail price, instead to its power under the current system, is a fair measure, while they agreed with plans to change current living standard criteria for the use of cars -considered in some cases to be excessive- and to plans offering exemptions to circulation fees for cars using the latest environmental-friendly technology and fuel.
The Greek Finance Ministry plan envisages linking registration fees with pre-tax retail price of a car, which means higher registration fees for expensive cars and lower fees for cheaper cars.
Another Ministry plan to introduce an environment fee for older technology cars -aged more than 20 years- is expected to have a positive impact on the auto market as consumers will seek to replace their cars with new, modern technology vehicles.
(source: ana-mpa)

See all the latest news from Greece and the world at 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!

Related Posts