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

Photo by MacroPolis
Photo by MacroPolis

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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