KEPE: Over €400 Million Annual Impact on GDP from Audiovisual Piracy

The total annual impact on the country’s GDP from audiovisual piracy is estimated at over €400 million, according to a study by the Centre for Planning and Economic Research (KEPE) conducted for the Association for the Protection of Audiovisual Works (EPOE). KEPE published today (June 4, 2025) a special edition titled ‘Evaluation of Socioeconomic Impacts of Content Piracy and Development of Policy Proposals.’ The study, based on alternative scenarios, estimates that job losses exceed 5,000 annually across the economy, with tax revenue losses from subscription television (VAT, special fee 10%) reaching up to €59 million yearly. Losses for the domestic legal market amount to up to €162 million annually. A critical finding is the negative impact of the 10% special fee imposed on Greek subscription platforms, which strengthens piracy by increasing costs for legitimate domestic services, making them less competitive compared to international platforms and illegal packages. The study reveals an extensive economic network with approximately 800,000 illegal connections and an estimated annual turnover exceeding €190 million. According to the European Union Intellectual Property Office (EUIPO), Greece ranks among European countries with the highest rates of illegal audiovisual content usage, with 60% of young people aged 16-24 consuming content from illegal sources. Lack of awareness and education is highlighted as a key factor driving the phenomenon, exposing users to significant risks such as malicious software and data breaches. KEPE proposes a multi-level strategy to combat piracy, including integrating anti-piracy education into the educational system and launching targeted public awareness campaigns. The study also emphasizes the need for the issuance of a Joint Ministerial Decision to enforce penalties and advocates for tax relief by reducing or eliminating the 10% special fee to boost competitiveness.