Commission: Five billion euros in VAT remittances not collected in Greece in 2015

29 September 2017
1158 Views

Lost VAT remittances in Greece for 2015 reached five billion euros, according to a study by the Commission, which was published on Thursday.

The figure, which translates into 28.3 percent of the total VAT-related turnover, is the third largest in the EU, after Romania (37.2 percent) and Slovakia (29.4 percent). Lost VAT remittances throughout the Union are calculated at 152 billion euros.

The study adds that real GDP in Greece continued to shrink in 2015, down 10 percent from 2011.

You may be interested

Greece: 7,000 applications for adult movies
GREECE
shares30 views
GREECE
shares30 views

Greece: 7,000 applications for adult movies

Panos - Jun 23, 2021

After the first casting of the newly formed production company SugarBabes.tv in September 2019 and the endless queues of about…

Menendez Bill passed unanimously & goes to Senate for approval
DEFENCE
shares20 views
DEFENCE
shares20 views

Menendez Bill passed unanimously & goes to Senate for approval

Panos - Jun 23, 2021

The new bill on US-Greek defense cooperation was approved by the Senate Foreign Relations Committee with universal support. Now the…

Signatures for Line 4 of the Metro – Mitsotakis: The country is turning the page (videos)
FINANCE
shares22 views
FINANCE
shares22 views

Signatures for Line 4 of the Metro – Mitsotakis: The country is turning the page (videos)

Panos - Jun 23, 2021

The signatures for the biggest construction project that is taking place after Attiki Odos, fell tonight in Galatsi, where in…

Leave a Comment

Your email address will not be published.