Calamos Supports Greece

overdue debts

Greece's Lenders Force the Scrap of the 100-Installment Scheme for State Debtors

Greece's creditors are calling for the government to halt the plans for debt repayments to be made in 100 installments as they believe that it would serve to inflate debts. Alternate Finance Minister Tryfon Alexiadis told Private SKAI TV that there would be no...

Greek State Owed 83.6 Billion Euros in Overdue Payments

Greek taxpayers, including individuals and businesses continue to pile on debt to the Greek state, as newly released data by the General Secretariat of Public Revenue revealed that overdue tax payments increased by 1.453 billion euros in the month of...

Greek Taxpayers' Overdue Debt Grows to €77.87 Bln in May

Taxpayer overdue debt to the Greek State grew by another 1 billion euros in May for a total of 5.234 billion so far this year, official figures showed. A report by the General Secretariat of Public Revenue said that total...

Debts to Greek State Reached 6.2 Billion in First Semester of 2014

Debts to the Greek state hit a new record high. In the first half of 2014, debts amounted to 6,225 billion euros, according to figures published by the General Secretariat of Public Revenue. Adding the debts accumulated by the end...

Worrying Increase in Overdue Debts to the Greek State

The number of overdue debts to the Greek state has grown during the first quarter of 2014, compared to the same period last year. Meanwhile, new debts appear at a faster rate than the old ones that are being...

Unpaid Taxes in Greece Near $1Billion Monthly

The decrease in salaries and pensions, as well as the increased taxes imposed during the last four years, have resulted in the Greeks’ inability to meet their tax obligations. In January alone, citizens’ fell almost 1 billion euros further...

Greek Taxpayers to be Fined for Payment Delays

In January more than 2.5 million Greek taxpayers couldn’t afford to pay their taxes, adding nearly 1 billion euros to the ever-rising arrears. The General Secretariat of Public Revenues reported that 962 million euros of overdue debt obligations to the State...

Greeks Piling Up Debts

  Some recent findings showed that the majority of Greek citizens are drowning in debts and find it hard to fulfill their obligations to the Greek State. The overdue debts have increased by 1.1 billion euros during October, while in 2013,...

Overdue Tax Debts Increased in August

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...