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Kathimerini - Greece | Thursday, November 19, 2015

Greek wine falls victim to austerity policy

The Greek parliament approved further measures demanded by the country's creditors by a slim majority on Thursday, including a new special tax on wine. The conservative daily Kathimerini is appalled at the decision: "The coalition government's financial team does not seem to have any contact with the country's productive forces and reality. While on the one hand it appears ready to impose taxes and secure funding in order to sustain the state's least productive sectors, it is unable to provide any kind of support to those who are actually producing and generating some kind of growth in the economy. ... The latest outrageous example in this case is the imposition of a new tax on Greek wines. Local wine producers have made huge leaps forward in the last few years. The quality of Greek wine production has improved considerably and the local industry is now exporting large quantities to international markets. Greek wines are finally being linked to the local tourism industry. … Imposing a special tax in this sector at this particular point in time is simply inexplicable."

» To the complete press review of Friday, November 20, 2015

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