The Greek parliament has adopted a number of changes to the Country's shipping taxation regime, which include:
- Allowing vessels flying EU and EEA flags to benefit from the same tonnage tax treatment as Greek vessels whether or not their management is performed in Greece;
- Increasing the nominal tonnage tax by 4% per year 2016 to 2020 (a continuation of increases that were to end 2015);
- Extending through 2019 the annual contribution (based on imported amount of foreign exchange or euros into G…