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The President of the Union of Greek Shipowners (UGS), Mr.Theodore Veniamis, told the Union’s annual meeting mid-week that the Greek-owned fleet has kept growing in numbers, despite the record lows of the dry bulk market – that will not be recovering soon – and the capital controls that were applied in Greece at the end of last June leading to a drastic fall of over 50% in the currency earnings from shipping activities (down to 2.27 billion euros for the July-October 2015 period).If the Commission is set to investigate similar frameworks across the EU, as it has declared, “then I’m afraid that the European lawmakers haven’t learned from past mistakes, which led to the destruction of the shipbuilding industry of the EU”.Shipping is a vital generator of income for Greece, accounting for about 7 percent of its gross domestic product and employing about 200,000 people.Nevertheless, today, the Greek fleet stands at around 4,500 vessels, which amounts to about 19.63% of the global fleet and almost 50% of the EU fleet. Veniamis heavily criticized a decision by the European Commission in favor of the amendment of what is sees as the “beneficial” tax framework of the Greek shipping community.

Unlike a normal call, part of the call charge is paid to the service provider, thus enabling businesses to be funded via the calls.

Another now-uncommon premium-rate scam involves television programming that induces young children to dial the number, banking on the notion that they will be unaware of the charges that will be incurred.

One variant, targeted at children too young to dial a number, enticed children to hold the phone up to the television set while the DTMF tones of the number were played.

At that time, many evening news agencies conducted "pulse polls" for $.50 per call charges and displayed results on television.

One early use was by Saturday Night Live producers for the sketch "Larry the Lobster", featuring Eddie Murphy. AT&T and the producers of SNL split the profits of nearly 0,000.


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