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After a few weeks of public turbulence with its board threatening with a total shutdown of operations, the troubled SEKAP tobacco company received a...

Greek tobacco giant SEKAP held an extraordinary board council meeting on Thursday to discuss the company's financial problems due to an outstanding state debt...

The possibility of bankruptcy that is to be discussed at an extraordinary board meeting of the Greek tobacco industry SEKAP, is scheduled for Thursday. SEKAP;...

With a steady increase of taxes on cigarettes, the state has fallen short of cashing in as the market share of illegal tobacco products...

On Monday a new report by the Foundation for Economic and Industrial Research (IOBE) warned that the new tax hike to be placed on tobacco...

According to sources, the Greek state has missed out on an opportunity to reap around 800 million euros in tax revenues due to tax...

Higher excise taxes on alcohol and tobacco are forcing consumers to turn to contraband products and subsequently lead to reduced state revenues, industry experts...

Greeks are known as hardcore smokers who live in a country that doesn’t change habits easily, even if it is against the law. However,...

More than 33 million packs of illicit cigarettes have been confiscated in the Greek and Cypriot customs at the end of January by the...

Greek State Minister Panagiotis Nikoloudis presented on Thursday the government’s draft legislation to suppress the cigarette and tobacco "black market." The law introduces production line inspection, as well...