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Xiradakis: 'When we agree to have one central bank in the world and one single currency, then we can tax shipping' (Photo: John D. Carnessiotis, Athens, Greece)

No EU austerity for Greek super-rich

Greece's left-wing Syriza party will not get any help from EU institutions in its bid to make ship owners pay more tax.

George Stathakis, a recently elected Syriza MP and an economics professor at the University of Crete, told EUobserver the opposition party will try to curtail tax breaks for Greek-based ship management firms and intermediary companies and to increase tonnage tax on individual vessels.

He said the measures would bring in €700 million to €1 billion extra a year an...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Xiradakis: 'When we agree to have one central bank in the world and one single currency, then we can tax shipping' (Photo: John D. Carnessiotis, Athens, Greece)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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