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BoG: State Generating More Debt Than it Is Repaying

The Bank of Greece (BoG) recently released data showing that the amount of state debt that Greece generates is mounting to figures that it...

State Debt Mounting as Bailout Review Is Delayed

There is no end in sight for the mounting dues the state owes to both the market and taxpayers causing congestion in the market...

Greece Among Top 3 Big Spenders of the Eurozone

Greece's state expenditure is 55 percent of the country's GDP, one of the biggest spenders of the Eurozone despite austerity. The only other two...

Greek Unpaid Debt to State Funds at 50% of GDP

Overtaxed Greek citizens are having difficulty meeting their obligations with the Greek tax department. In May, taxation and businesses, according to data released by...

Greece Receives Delayed €1 Bln Loan Tranche

The Euro Working Group is to approve on Thursday a 1-billion-euro loan subtranche as Greece has legislated the 13 prior actions required by the...

Greek State Owes €6 Bln to Businesses and Individuals

  The Greek state budget until end of October does not include payment of debts to individuals and private businesses that amount to 6 billion euros...

Outstanding Greek State Debt Up 32% in 5 Months, Exceeding €5 Billion

The outstanding Greek state debt went up 32% in the first five months of 2015, exceeding 5 billion euros, according to Greece's Finance Ministry figures...

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