Greece’s public sector owed nearly €3.9 billion ($4,5 billion) to suppliers and taxpayers by March 2026, as overdue state payments and pending tax refunds rose sharply in the first three months of the year.
Overdue payments by the general government...
Greek taxpayers failed to pay 2 billion euros in income tax that was due in July alone, according to the Independent Authority for Public Revenue (AADE).
July was the month when the first installment of income tax was due. The...
Finance ministry data for the 2016 tax statements show that all taxpayer groups have declared lower incomes, compared to the 2015 statements.
As a result, state revenues will be lower than expected, a fact that will affect the annual state...
Out of sheer desperation for cash, but also as a display of its determination to go after tax debtors, the Greek Finance Ministry is preparing to levy bank accounts, wages and pensions, even for those who owe small amounts...
Wiretapped tax identification numbers, hacking, secret accounts for each Greek taxpayer and banks that could operate with euros but instantly change to a drachma-based system were just some of the surreal proposals included in former Greek Finance Minister Yanis...
In January more than 2.5 million Greek taxpayers couldn’t afford to pay their taxes, adding nearly 1 billion euros to the ever-rising arrears.
The General Secretariat of Public Revenues reported that 962 million euros of overdue debt obligations to the State...
There are 2,653,032 Greek taxpayers who are drowning in tax debts as they cannot afford to pay the increase in taxes. As a result, the amount of the overdue debt obligations from January 1, 2013 to January 31, 2014...
