Payment plans for overdue debts launched as Athens looks for revenue boost

EconomyProgramme Tags: ESM, Eurogroup, Revenues, Taxes
Photo by MacroPolis
Photo by MacroPolis

There appears to have been keen interest in the schemes launched this week allowing taxpayers to settle their unpaid taxes and social security contributions in up to 120 instalments, possibly boosting the government’s efforts to convince the institutions that Greece will be able to meet its fiscal targets this year.

The government’s latest forecast is for a 4.1 percent of GDP primary surplus this year, which is 0.6 points above the 3.5 percent target. Athens insists that this is achievable despite almost 1 billion euros in relief measures (VAT cuts and pension bonu...

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