Greece

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...

One in two Greek taxpayers owes money to the debt-ridden state, totaling 94 billion euros, says the Finance Ministry’s General Secretariat for Public Revenue. New figures show that 4.3 million taxpayers have accrued debts in excess of 94 billion euros,...

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...

The inability of Greek citizens to pay their estate taxes has resulted in expired debts and the outstanding taxes owed to the Greek State jumped to 61.214 billion euros in August 2013 from 60.181 billion a month earlier. These...

Greece has collected only $19 million of $13 billion owed by the country’s biggest tax debtors, a rate of only 0.0014 percent, Deputy Finance Minister Giorgos Mavraganis has admitted, although he said it’s because many companies have gone out...

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...

Legislative measures that will allow for a new restructuring of overdue tax and social security debts has been postponed until next week as Greek and Troika officials are still hammering out the details. However, this delay seems devastating in terms...

Greek citizens' inability to pay their increased tax obligations have led to expired debts soaring in August and September, according to Finance Ministry data published on Nov. 7 and reported by daily Kathimerini. Tax debts created this year to end-September...

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...

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...

An incredible story surfaced on Friday on Crete's ekriti website, involving a 75-year old man and the debts he purportedly owes to his local tax office. Or perhaps it is not all that incredible, considering the infamous workings of the...

The Greek government did not present their plans for settling tax debt in 120 installments during negotiations this week in Athens with their creditors' representatives. The creditors’ representatives will leave Athens with incomplete information for the second post-bailout assessment, which is...

As of next Monday, 4.3 million Greek taxpayers will have a 5.5 billion euro tax bill that is due and payable to the State by the year's end. This amount equals the projected growth of the entire Greek economy this past year. By...

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...

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...