Tagged: debts

Tax debts to Greek state rise to more than 94 bln euros

More than half of the country’s taxpayers owe money to the cash-strapped Greek state, according to the Finance Ministry’s General Secretariat of Public Revenues. Fresh data show that 4.3 million taxpayers have accrued debts in excess of 94 billion euros, prompting authorities to take collection measures (seizures of deposits and assets) against 826,211 taxpayers. Old […]

ΙMF: Greece will not be able to pay its debts in March

The International Monetary Fund estimates that Greece will face great difficulties in servicing its debts in March, according to an article published by German magazine Der Spiegel entitled “Bankruptcy in March?”. As the article mentions, the Fund is particularly concerned about the fact that many member states of the European Union are willing to make […]