Greek revenues authority chief confident 51-bln€ goal for 2018 will be met

11 July 2018
54 Views

The head of Greece’s independent authority for public revenues, Giorgos Pitsilis, on Tuesday appeared confident that a goal for this year to collect 51 billion euros in revenues will be achieved, speaking in Parliament.

Pitsilis said initial data so far points to the goal being met, while he nevertheless said arrears to the state increased by six billion euros in 2017.

State revenues in 2017 reached 47.6 billion euros, slightly exceeding a goal of 46.8 billion euros.

In terms of total arrears owed to the Greek state, the figure again nearly touched the “psychological mark” of 100 billion euros, settling at 99.9 billion euros as of Jan. 1, 2018 – up from 93.9 billion euros in 2017.

Much of the astronomical figure, however, dates back decades, and corresponds to arrears owed by companies no longer in existence or taxpayers no longer active or even alive.

You may be interested

New Greek Diving Park to offer reefs, shipwrecks to explore
GREECE
shares448 views
GREECE
shares448 views

New Greek Diving Park to offer reefs, shipwrecks to explore

Panos - Jul 16, 2018

A project to create a new diving park in Crete, extending over an area of about 60,702 square meters (15…

The Ancient Roots of Greek Souvlaki, the First Fast Food
GREECE
shares8 views
GREECE
shares8 views

The Ancient Roots of Greek Souvlaki, the First Fast Food

Panos - Jul 16, 2018

The word “souvlaki” is synonymous with Greek food, whether the term refers to pieces of grilled meat on a small…

Greek Government Lags Behind in Opinion Poll
GREECE
shares16 views
GREECE
shares16 views

Greek Government Lags Behind in Opinion Poll

Panos - Jul 16, 2018

Greece’s government is lagging behind the main opposition in the opinion polls, new research published this weekend has revealed. The…

Leave a Comment

Your email address will not be published.