Eurostat: Greece has highest tax rises in EU

11 December 2017
927 Views

Greece recorded the highest rise among all countries in taxation increases with a 2.3% hike between 2015 and 2016. Romania, Austria, and Belgium were the champions in terms of tax cuts.

According to Eurostat data on EU Member States’ gross national income (GNI) tax ratios, Greece showed the largest rise out of all countries.

These data also revealed that the level of taxation in billions of euros as a ratio of GDP (also measured in billion Euros) has increased more than the other countries in the previous year, from 39.8 % in 2015 to 42.1% in 2016.

Unfortunately, Greece has the highest increase, followed by the Netherlands, Luxembourg, Poland, and Lithuania.

You may be interested

US Embassy: Decision to release terrorist Savvas Xiros a “disservice to memory of victims”
GREECE
shares26 views
GREECE
shares26 views

US Embassy: Decision to release terrorist Savvas Xiros a “disservice to memory of victims”

makis - Oct 19, 2018

The US Embassy in Athens commented on the decision by Greek authorities to release convicted terrorist of November 17th, Zavvas…

FYROM vote: PM Zaev has secured backing of parliamentary majority, local media reports
SLIDE
shares30 views
SLIDE
shares30 views

FYROM vote: PM Zaev has secured backing of parliamentary majority, local media reports

makis - Oct 19, 2018

According to media reports in FYROM, who cite unofficial parliamentary sources, the country’s PM Zoran Zaev has secured the required…

Chios: A mastic-scented island with fascinating history
GREECE
shares132 views
GREECE
shares132 views

Chios: A mastic-scented island with fascinating history

Panos - Oct 19, 2018

Much as Chios is famous for its mastic, it is not the only “magic” one can find on this island.…

Leave a Comment

Your email address will not be published.