The Hellenic Parliament was presented with a draft amendment this week that sees to abolition of an excise duty on wine production.
The unpopular consumer tax was among the wide array of indirect taxation measures imposed during a 2016 “tax tsunami” in Greece. It’s imposition had been strongly opposed by wine producers, with the industry’s representatives arguing that it undermines the sector’s sustainability and growth.
The consumer tax sees that a a 20-euro levy is imposed on every 100 liters of final product, which includes spirits.
The amendment to abolish it was included in a draft bill suspending a pre-legislated next round of pension cuts, set for Jan. 1, 2019. The Greek government announced the policy as part of its commitment to support the wine industry, which for the past few years is trying to increase exports, building on Greek wine’s rising international popularity.