Frankfurter Rundschau: Greek state recovering; the people have defaulted

15 February 2018
892 Views

The contrast, as it claims, between the gradual improvement in Greece’s economic indices and the “tragic situation” of Greek citizens is focus of a report from Athens by the German mass daily Frankfurter Rundschau.

In a dispatch entitled “The state is recovering – the people have defaulted”, the Frankfurt newspaper notes that “… Greece will not need fresh money this summer, as it appears, from European support programs. However, the people owe the public treasury nearly 100 billion euros.”

Frankfurter Rundschau refers to the total arrears to the Greek state owed by taxpayers and legal entities, although the figures includes debts dating back decades and by companies no longer in existence or taxpayers no longer alive.

The paper also reiterates the fact that four million taxpayers in the country of roughly 11 million owe the state money.

“Tax arrears are growing larger and larger … Greeks not only owe the state. Arrears to social security funds … exceed 35 billion euros, and the volume of NPLs has skyrocketed since 2009, from 20 to 102 billion euros.”

You may be interested

Cavusoglu openly threatens Greece with war in front of German Foreign Minister
SLIDE
shares18 views
SLIDE
shares18 views

Cavusoglu openly threatens Greece with war in front of German Foreign Minister

makis - Jan 18, 2021

Greece and Turkey might have agreed to sit at the table for exploratory talks at the end of January, but…

Greek Archbishop Ieronymos: Islam is not a religion but a political ideology of conquest
GREECE
shares26 views
GREECE
shares26 views

Greek Archbishop Ieronymos: Islam is not a religion but a political ideology of conquest

Panos - Jan 18, 2021

Archbishop of Athens and All Greece Ieronymos II expressed the view that Islam and its citizens, was not a religion,…

Nikos Dendias: Only matters Greece will discuss with Turkey is EOZ and sea-shelf
DEFENCE
shares25 views
DEFENCE
shares25 views

Nikos Dendias: Only matters Greece will discuss with Turkey is EOZ and sea-shelf

Panos - Jan 18, 2021

Foreign Affairs Minister Nikos Dendias made it clear that the only issue Greece would discuss with Turkey in the upcoming exploratory…

Leave a Comment

Your email address will not be published.