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Piraeus Merchants Demand Tax Reform, Debt Regulation Ahead of Thessaloniki Fair
๐Ÿ‡ฌ๐Ÿ‡ท Greece /Economy & Trade

Piraeus Merchants Demand Tax Reform, Debt Regulation Ahead of Thessaloniki Fair

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

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  • The Piraeus Merchants Association sent a policy memorandum titled "Greek Commerce 2027-2031" to all parliamentary political parties ahead of the 90th Thessaloniki International Fair.
  • Key proposals include abolishing tax estimations, creating a new debt regulation, establishing a functional unseizable business account, and reducing digital compliance costs.
  • The association aims to contribute to public discourse on the economy and highlight commerce's role in development, employment, and social cohesion.

The Piraeus Merchants Association has submitted a comprehensive policy memorandum to Greek political parties, outlining its vision for "Greek Commerce 2027-2031" ahead of the 90th Thessaloniki International Fair. The association seeks to influence the national economic dialogue by proposing measures to foster a stable, fair, and competitive environment for businesses.

The Greek commerce does not ask for preferential treatment. It asks for a stable, fair and competitive environment that will allow businesses to invest, create new jobs and grow.

โ€” Thodoris KapralosPresident of the Piraeus Merchants Association, Thodoris Kapralos, stated the association's goals in a press release.

Central to the memorandum's demands are the abolition of the estimated taxation method and the establishment of a new debt regulation framework. The association also calls for a functional unseizable business account, reduced costs for banking transactions and digital compliance, and enhanced access to financing. These proposals aim to alleviate the financial burdens on businesses and promote growth.

With the memorandum we sent to all political parties, we aim for the needs of the real economy and small and medium-sized enterprises to be at the center of public discourse, in view of the government's announcements at the Thessaloniki International Fair.

โ€” Thodoris KapralosPresident of the Piraeus Merchants Association, Thodoris Kapralos, explained the purpose of the memorandum.

Furthermore, the Piraeus Merchants Association emphasizes the need to ensure a level playing field against international e-commerce platforms. It advocates for a National Plan to connect commerce with other economic sectors and promote strategic projects for Piraeus. The association believes that by addressing these issues, it can significantly contribute to the country's development, employment, and social cohesion.

Commerce is one of the most important pillars of the Greek economy and its strengthening is an investment for the development of the entire country.

โ€” Thodoris KapralosPresident of the Piraeus Merchants Association, Thodoris Kapralos, emphasized the importance of commerce for Greece's economy.
DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.