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Greece

Five Billion Euros Added to Outstanding Debts to Greek State in June

New outstanding debts to the Greek State in June amounted to €5.192 billion, compared to €4.764 billion in May, according to the Independent Authority for Public Revenue (AADE). Out of the €5,192 billion euros, €4,164 billion are unpaid taxes. Of the...

Greek FinMin: Outstanding Debts Amendment a 'Breather'

"The government responds to the need for a 'breather' to thousands of our fellow citizens who due to this difficult economic situation are not in a position to repay their debts," Greek Finance Minister Gikas Hardouvelis said in Parliament...

Outstanding Debts to the State Increase by €770M in March

Outstanding debts to the Greek State increased by €770 million in March, reaching a total of €101.641 billion, according to data released by the Independent Authority for Public Revenue (AADE) on Friday. At the same time, old overdue debts in...

Outstanding Debts to Greek State Reach €90 Bln

Greek citizens' outstanding debts to the state have reached 89.8 billion euros, with 1.2 billion added in June, according to finance ministry figures. At the same time, state debts to suppliers, service providers and taxpayers increased by 200 million euros...

Deputy FinMin: Exceptional Measures for Outstanding Tax Debts

Deputy Minister of Finance Nadia Valavani announced on Wednesday that a new exceptional measure for the repayment of old tax debts in 100 installments will be added in the government’s draft bill on humanitarian aid that was tabled in...

Outstanding Debts to Security Funds Pile Up

Outstanding debts to security funds in Greece reached 13.5 billion euros in November, compared to 11.485 billion in October, according to latest figures. Almost 1.8 billion euros owed to the Freelancers Security Organization (OAEE), were transferred to the Security Fund...

Outstanding Debts to Greek State Exceed 69 Billion Euros

Outstanding debts to the Greek state hit a record high, reaching 69.24 billion euros in August, compared to 68 billion euros in July 2014. The amount of debts to the state is still huge, although 2.8 million citizens paid owed taxes in...

Outstanding Debts Damage Greek Economy

The debts of individuals, households and businesses to the Greek state during the first five months of 2014 have increased dramatically. It is estimated that debts to the state are rising at the rate of 1 billion per month while...

Overdue Debts to Greek State Rise by €13Β, Despite Confiscations of €5Β

Overdue debts to the Greek State went up to a record high of 13 billion euros in December, despite confiscations of 5 billion euros, a Kathimerini newspaper report says. As of the end of December 2017, arrears to the Greek...

Greece's General Accounting Office Delays Payment of State Debts to Private Sector

Greece's General Accounting Office has failed to repay outstanding debts to the private sector on time, a prerequisite for the disbursement of the bailout loan subtranche of 800 million euros. According to a Kathimerini newspaper report, the funds have been...

Thousands of Outstanding Tax Cases to Close After Greece's Council of State Decision

Hundreds of thousands of outstanding tax cases are to close, following the unanimous decision of the plenary of Greece's Council of State on Tuesday. The supreme administrative court ruled that the limitation of tax claims is five years and the...

Mega TV Channel May Go 'Off the Air' Due to Debts to Signal Provider Digea, Workers Warn

Mega television's digital frequency may soon "go off the air" -- possibly as early as Friday night -- due to the owner company's outstanding debts to the Greek digital signal provider Digea. According to embattled Mega employees, Digea's board...

Debts to State Increase as Many Greeks are Unable to Pay Taxes

Outstanding debts to the state keep growing by the month as Greek taxpayers are unable to meet their obligations, according to finance ministry figures. In October, taxpayers failed to pay 1 billion euros in taxes, while the total of the...

New Debts to the Private Sector Pile Up as Greek Government Repays Previous Debts

While the Greek government has begun to repay its debts to the private sector, new debts are starting to pile up, according to the Finance Ministry. Based on the data provided, at the end of September the amount of arrears...

Greek Government to Freeze Home Auctions for Debts to the State

The Greek government has decided to freeze home auctions for debts to the state after a public uproar and disapproval among SYRIZA MPs. Notaries announced that they will go on strike after facing the rage of people who are blocking courtrooms...