Fleet News

Greek court threat

THE European Commission has formally threatened Greece with a European Court of Justice (ECJ) case over its requirement that companies providing local third-party motor insurance must belong to the Greek National Association of Insurance Companies.

Brussels said this could 'risk preventing or discouraging insurance companies from other European Union member states from entering the Greek market, and is thus risk of restricting competition on prices and on the access of policyholders to a wider selection of companies'. It added that policyholders in Greece risked 'having to pay more for their motor insurance policies' as a result and that the rule was an unnecessary burden on Greece-based insurance companies.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee