Nikitas Theophilopoulos

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Last quote by Nikitas Theophilopoulos

We have had seven tax increases in five years. Today, 90 percent of the price of our products is taxes. So that leaves just 10 percent for the industry and for wholesale and retail. Furthermore the decline of purchasing power has been a big problem. The consequence of these two factors has been a rise in smuggled products.feedback
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Jan 19 2015
The latest quote from Nikitas Theophilopoulos is: “We have had seven tax increases in five years. Today, 90 percent of the price of our products is taxes. So that leaves just 10 percent for the industry and for wholesale and retail. Furthermore the decline of purchasing power has been a big problem. The consequence of these two factors has been a rise in smuggled products.”. It comes from the Greek industry savaged by economic crisis article. You’ll find on this page 1 article with Nikitas Theophilopoulos quoted on topics such as product and tax. Nikitas Theophilopoulos has been quoted 1 times in 1 article.
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