Greek state’s arrears to private sector again exceed 5 bln€ in May 2017

5 July 2017
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The Greek state’s arrears to the private sector and individual taxpayers again exceeded the five-billion-euro threshold in May 2017 as the stepped up payment towards suppliers was offset by a significant increase in unpaid tax returns.

According to data released on Monday by the finance ministry, the state’s arrears to the private sector reached 5.053 billion euros in May, up by 88 million euros from the previous month, April 2017.

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