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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...

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...

Greek Tax Office to Seize Debtors’ Bank Accounts, Safety Deposit Boxes

A million Greek taxpayers with debts to the state could see their bank accounts and deposits raided. The Independent Authority for Public Revenue (AADE) plan for...

Special Secretariat for Private Debt Management to Set up Online Platform to Track Down...

Banks and authorities in Greece are teaming up to try to create an asset register for debtors, including tracking money that was sent abroad...

Greece’s Tax Office ‘Raids’ Bank Accounts of Debtors to the State

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...

Government Continues Crack Down on State Debtors

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...

One in Two Greeks Unable to Pay Taxes Due

Greek taxpayers are drowning in debt as half of them are unable to meet their tax obligations, according to an Imerisia newspaper report. Higher taxes...

Greek Public Revenue Service Goes After €8 Bln in Debts to State

Greece's Independent Authority for Public Revenue (AADE) is to go after taxpayers in order to collect 3.5 billion euros from old debts and 4.5...

Strategic Defaulters Owe €10 Bln to Greek Banks

One in five (21%) of nonperforming loans in Greek banks’ portfolios, amounting to 10 billion euros, belong to borrowers who are able to repay...

Debts to Greek Security Funds Reach €33.6 Billion

The total debt to all Greek security funds reached 33.62 billion euros at the end of 2015, according to a Naftemporiki newspaper report. About 90%...

First 2,000 Greek Homes Auctioned in September

The first 2,000 houses of uncooperative debtors will be auctioned as of September 15, with the number going up to 5,000 within the next...

Greek State Aims to Raise €5 Billion from Confiscations and Auctions

The Greek government is to proceed with confiscations of bank accounts and real estate for about 55% of debtors to the state aiming to...

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