Overdue contributions rise by 429 mln to 15.78 bln in Q1

Economy Tags: Revenues

Unpaid social security contributions increased by another 429 million euros quarter on quarter (QoQ) to 15.78 billion at the end of the first quarter (Q1) of 2016, the quarterly bulletin of the Center for the Collection of Social Security Arrears (KEAO) displayed on Wednesday.

From the total overdue amount, 11.55 billion euros (more than 73 percent) relate to main debt and the remaining 4.23 billion to surcharges and penalties.

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