Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln

EconomyMacroeconomy Tags: Revenues
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The increase in unpaid social security contributions (SSCs) accelerated quarter on quarter (QoQ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.

The outstanding amount climbed to 17.54 billion, the quarterly bulletin of the single SSC collection centre (KEAO) revealed on Tuesday.

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