IMF examines how Greece accumulated large pile of unpaid taxes and contributions

EconomyProgramme Tags: IMF, Revenues, Taxes
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The issue of Greece’s exceptionally high tax and social security debt is discussed in an International Monetary Fund paper published with the release of the Article IV consultation and ex-post evaluation earlier this week.

The total amount of this type of debt stands at 115 billion euros, corresponding to 70 percent of GDP, which is by far the highest in Europe. In addition, almost half of taxpayers and half of security contributors are currently in debt to the state, the...

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