Greece

The Greek parliament is expected this week to vote on a bill sponsored by the SYRIZA-led government which would provide relief to millions of Greeks who are in arrears over tax and pension contributions. The proposed legislation, which was unveiled...

  According to figures released on Thursday by the Independent Authority for Public Revenue, taxpayer's expired debts are quickly rising. Greeks created new tax arrears of 1.63 billion euros in January 2017, one of the biggest upsurges in debt creation recorded...

Taxpayers' arrears to the state totaled 99.970 billion euros, while the number of debtors was 4,068,857 on January 1, 2018, George Pitsilis, governor of the Independent Authority for Public Revenue (AADE), said on Friday. Speaking to reporters during a media...

Taxpayers’ arrears to the state grew by 1.278 billion euros in December to total 13.906 billion euros in 2016, official figures showed on Monday. Taxpayers’ arrears (new and old ones) to the state amounted to 95.2 billion euros in...

The government's new tax legislation, which was brought before Parliament last week, envisages more favorable provisions for taxpayers, both private and corporate, to settle their debts with tax agencies. Under the proposed legislation, which will be debated and voted on...

According to the latest figures published by Greece's Independent Authority of Public Revenue, the amount of taxes Greek taxpayers did not pay to the state during just the first 59 days of 2019 came to the staggering sum of...

  Greek tax inspectors on the island of Mykonos have found two point-of-sale machines which were linked to Switzerland. According to Greek media reports, the two terminals were found at a Louis Vuitton store on Mykonos and another outlet in Nammos...

Taxpayers’ arrears to the state rocketed by 5.47 billion euros in the first half of 2017, as Greeks are unable to meet their tax obligations. At the same time, the authorities freeze or seize about 900 bank accounts on a...

An increase of nearly 70 million euros was recorded in the government's arrears to individuals in June, with debts amounting to 5,134 billion, from 5,067 billion in May. According to State General Accounting Office figures, 3,579 billion account for overdue...

Greece's tax office has resorted to confiscations, auctions and criminal prosecutions in order to collect from debtors to the State, as outstanding debts are close to 4.75 billion euros in the first five months. Tax authorities carry out an average...

It is estimated that this year 3.94 million taxpayers owe the state money in tax payments amounting to some 94.7 billion euros. This means that almost one out of two taxpayers are unable to pay their taxes due and is...

State arrears to the private sector eased to 3.908 billion euros in April, from 3.956 billion in March, the Finance ministry said on Tuesday, with pending tax returns falling to 1.051 billion euros in the month from 1.120 billion...

Greek State arrears to the private sector grew by 292 million euros in January to 3.602 billion euros, from 3.310 billion in December 2016, official figures showed on Wednesday. Pending tax returns eased slightly to 1.206 billion euros in January,...

Greece's creditors were reluctant to agree with a labor ministry proposal to freeze repayments of professionals and freelancers in arrears, putting a hurdle in the second bailout program review. In the ongoing negotiations with creditors over the prerequisites of the...

According to figures released by the Bank of Greece (BoG) and the General Accounting Office on Thursday, the Greek government has deposited 1.1 billion euros back into the Greek market. The payment in arrears went, for the most part, to...