ATHENS, Greece - A coordinated raid by the European Public Prosecutor's Office in June 2025 has resulted in the arrest of six individuals, the seizure of 2,435 shipping containers and an estimated €250 million worth of e-bikes, textiles and footwear. Customs officers were among those arrested. Since the raid, Greek customs authorities have reported higher compliance, with importers at the port of Piraeus declaring similar goods at prices closer to their actual value.

BRUSSELS, Belgium - European Union finance ministers agreed on 7 December to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change and health protection. This includes bicycles.

BRUSSELS, Belgium - The European Commission recently published its proposals to reform the Value Added Tax (VAT) system. If the proposal goes ahead, Member States will be able to set reduced or zero VAT rates much more freely than currently.

To stimulate the repair industry in Sweden, the government is studying the opportunity to cut half the VAT rate on for example bicycle repairs from...

BRUSSELS, Belgium - For 'bike-webshops' it is getting harder to sell products outside their place of residence. New European Union VAT rules cast a ...

PARIS, France - The 9th edition of a survey initiated in 2005 into the size of the global sports market indicates that sales of bicycles (all types) as ...