New tax arrears climb by 1.25 bln in May, total stock rises to 89 bln

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New tax arrears climb by 1.25 bln in May, total stock rises to 89 bln

Economy 13/07/2016 - 12:49

Greece’s new unpaid taxes rose by a notable 1.25 billion euros in May, which is a much faster pace compared to the increase of 694 million recorded in April, General Secretariat of Information Systems (GSIS) data showed on Tuesday.

The headline figure for May represents the highest monthly rise since February, when overdue taxes climbed by 1.3 billion.

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