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

11 July 2018
305 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figure, however, dates back decades, and corresponds to arrears owed by companies no longer in existence or taxpayers no longer active or even alive.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

Four romantic Greek destinations for every season
GREECE
shares554 views
GREECE
shares554 views

Four romantic Greek destinations for every season

Panos - Jan 21, 2019

Winter in the heart of Epirus? Spring in the mythical land of the Centaurs? Summer on the matchless beaches of…

DIMAR exec committee recommends vote in favour of Prespes Agreement
GREECE
shares16 views
GREECE
shares16 views

DIMAR exec committee recommends vote in favour of Prespes Agreement

Panos - Jan 21, 2019

Democratic Left (DIMAR) executive committee convened on Sunday and, according to information, approved (by 70 pct, 11 members voted for…

Piraeus port authority forecasts increase in cruise ship arrivals, home porting in 2019
GREECE
shares17 views
GREECE
shares17 views

Piraeus port authority forecasts increase in cruise ship arrivals, home porting in 2019

Panos - Jan 21, 2019

The Piraeus Port Authority (PPA) this week forecast an increase in cruise ship arrivals for 2019 by almost 16 percent,…

Leave a Comment

Your email address will not be published.