The port of Piraeus’ competitiveness edge as a transport hub and cargo handler got a distinct boost this month with a decision by the independent public revenues authority allowing for VAT-free warehouse services and purchase of spare parts for ocean-going vessels docking at Greece’s largest and busiest port.
In statements to “Naftemporiki” newspaper this week, Piraeus chamber officials said the decision by the revenues authority allows major overseas shipping companies to purchase parts and materials from Greece-based suppliers at the port of Piraeus without much of the bureaucratic “red tape” and added costs entailed in the previous “free trade zone” regime.
Read more at naftemporiki.gr
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