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Unpaid Taxes in Greece Near $1Billion Monthly

The decrease in salaries and pensions, as well as the increased taxes imposed during the last four years, have resulted in the Greeks’ inability...

Stournaras Promises 'No New Taxes'

The government will not impose any new taxes, Finance Minister Yannis Stournaras said Wednesday in an interview with private TV station Skai. When asked about...

Unpaid Taxes Up by 809 mln in September

The amount of taxes that have not been paid by Greeks rose by 809 million euros in September, taking the total of new taxpayers'...

Samaras and Venizelos Agree on Government Policy Platform

Greek Prime Minister and leader of the New Democracy (ND) party Antonis Samaras and Government Vice President and PASOK leader Evangelos Venizelos agreed on...

Businesses Can Write Off State Debt

The Greek Finance Ministry said it will allow businesses who are owed money to the government to write down their obligations to the state...

Greeks Unpaid Taxes Soar $1.04 Billion

The onslaught of continuing big tax hikes in Greece has backfired again with the Finance Ministry reporting overdue payments from citizens jumped 800 million...

Papoulias Says Greece Ready To Explode

With more evidence that austerity measures demanded by international lenders in return for bailout loans have backfired and made Greece’s economy worse, President Karolos...

Troika Tells Greece: Get Tax Evaders

With Greeks facing another round of austerity measures, and furious that tax evaders costing the country $70 billion have continued to escape sacrifice, the...

New Democracy, PASOK, Can't Pay Bank Loans

As Greece struggles through a crushing economic crisis with many people unable to pay debts because of big salary cuts and tax hikes,  the...