Calamos Supports Greece

Unpaid Taxes

Greek Unpaid Debt to State Funds at 50% of GDP

Overtaxed Greek citizens are having difficulty meeting their obligations with the Greek tax department. In May, taxation and businesses, according to data released by the General Secretariat of Public Revenue, left 1.25 billion euros worth of unpaid taxes. Overdue...

Greek Unpaid Taxes at 90 Bln and Rising

In April, outstanding tax debt to the state rose by 700 million euros, reaching 4.332 billion euros. The amount is expected to increase to even greater levels when the next single property tax (ENFIA) installment is due. Total revenue debt,...

Law on Overdue Tax and Social Security Debts Postponed

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...

Unpaid Taxes Up by 809 mln in September

The amount of taxes that have not been paid by Greeks rose by 809 million euros in September, taking the total of new taxpayers' debts for this year to 6.1 billion euros. Taxpayers now owe a total of 59.6 billion...

Police Arrest Man for 62.3 Million Euros in Unpaid Taxes

Greek police arrested a 42-year-old man in Athens for non-payment of taxes amounting to 62.3 million euros ($81 million), in an effort to clamp down on tax evasion. The unidentified man is a company chief executive officer, according to a...