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GREECE: Minimum Prices for Cigarettes, Electronic Games |
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2004-12-16 16:56:09 |
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A more balanced pricing of cigarettes is sought by the Finance Ministry, which will table an amendment by the year’s end specifying the lowest and highest price a packet can retail for from January 1, 2005. By charging a specific amount of tax, packets will not cost less than 1.40-1.50 euros or more than 2.70-3.00 euros, ending the current price war among manufacturers. Another amendment will harmonize Greek legislation with European law by ending the ban on electronic games.
They will return in specially cabled parlors, electronically linked with the ministry to ensure those who operating games rooms pay their taxes. These amendments will secure some much-needed extra revenue for the 2005 budget and finance the second part of tax reform.
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seeurope.net |
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