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debts to the state

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...

Six out of Ten Greek Debtors will See their Assets Seized by the State

Six out of ten debtors to the Greek State will see their bank accounts or homes confiscated from now on, as the number of Greeks with outstanding debts due to feel these measures reached 1,067,857. The Independent Authority for Public...

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 close to 4.75 billion euros in the first five months. Tax authorities carry out an average...

Confiscations for Debtors to Greek State Rise Dramatically

Tax Office confiscations for those who owe to the Greek State are increasing rapidly, as in the first two months of the year 33,933 taxpayers with debts over 500 euros saw money withheld from their salaries, pensions, bank accounts...

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 billion expected to be generated in 2017. AADE is planning to collect the funds from taxpayers...

Tax Debts to Greek State Soar at €94 Bln

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,...

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...

Greek Deputy FinMin: If You Can't Pay Inheritance Tax, Give Us the House You Inherited

Greece's Deputy Finance Minister Tryfon Alexiadis said in parliament on Thursday that those who inherit a house and cannot afford to pay the inheritance tax, can give the house to the state in exchange. Answering to a question by Independent...

Public Uproar Over Home Auctions in Greece

            Public uproar over the wave of home auctions for debts to the state continues, with protesters clashing with police in Thessaloniki and other cities Dozens of auctions are taking place throughout courts in Greece, with many of them being cancelled...

Greeks Owe €91.5 Billion in Overdue Taxes, Security Contributions

Greek taxpayers' debts to the state increased by 1.3 billion euros this year, reaching a total 91.5 billion, amounting to more than half of the country’s gross domestic product. According to data from the General Secretariat for Public Revenue, in...