Upsetting member states’ shipping tax rules could cause maritime companies to decamp from the European Union (EU), a top Cypriot government official has warned competition watchdogs.
“The European Commission [EC] needs to be very careful not to decrease the competitiveness of EU shipping,” said Marios Demetriades, Cyprus’ Minister of Transport, Telecommunications and Works, talking to TradeWinds about an EU probe into Greece’s tonnage tax.
“If
