debt

The value of overdue tax debt grew further to 75.732 billion euros in February, of which 2.480 billion were new overdue debt by taxpayers in the January-February period, Greek official figures showed on Tuesday. A report by the Secretariat General...

Parliament President Zoi Constantopoulou announced the establishment of an Audit Committee of Public Debt in a joint press conference on Tuesday, with ruling SYRIZA MEP Sofia Sakorafa and Belgian expert on odious debt Eric Toussaint, in charge of the...

The global debt of households, companies and countries amounts to the astronomical sum of 200 trillion dollars, the highest in 50 years, according to US-based multinational consulting firm McKinsey. In a report published earlier in February, the firm...

According to a survey conducted by Small Enterprises’ Institute of the Hellenic Confederation of Professionals, Craftsmen and Merchants (IME-GSEVEE), almost one in three Greeks are facing poverty and debt, while the disposable income has slipped below the poverty line. The...

Fears of Greece's departure from the Euro after an impeding preponderance of Alexis Tsipras' anti-austerity political party, SYRIZA, on the January 25 Greek elections, don't seem to torment the Angela Merkel administration, according to German magazine Der Spiegel. Unnamed authority...

The Austrian newspaper Der Standard published an extensive article regarding Germany’s debt to Greece, mainly from the forced loan and war compensations after the 3.5-year Nazi occupation. The article is based on a confidential report which was conducted by...

“Regretfully, we are bankrupt” is one of the most famous phrases in modern Greek history and was uttered by Prime Minister Charilaos Trikoupis at the Parliament on December 10, 1893, referring to the state's economic situation and its inability to repay its...

Nearly 13,000 people have applied to settle overdue debts to social security funds since a new payment plan was introduced two weeks ago, with numbers of applicants rising daily, authorities said on Thursday. The Greek center that processes such debts...

The value of outstanding tax debt to the Greek state increased by 1.22 billion euros to reach a total of 71.5 billion euros in October, official data showed on Tuesday. In a report, the General Secretariat for Public Revenue...

Greek state debtors will soon reach 4.5 million, according to an official report. In the last month alone, 851,201 more Greeks were added to the list of those who owe money to the tax office. Recent figures showed that 3.3...