ECONOMY

Tax debts to Greek state exceed 70 billion euros

Tax debts to the Greek state hit a new record in September, reaching a total of 70.16 billion euros from 69.24 billion euros in August, the General Secretariat for Public Revenues said on Tuesday.

New debts in the January-September period came to 9.68 billion euros, added to a total shortfall of 60.48 billion dating from before 2013. in September alone, taxpayers ran up debts of 923 million euros, the secretariat said.

In the nine-month period from January to September, the state managed to collect 2.69 billion euros in arrears, or 14.16 percent, missing the target set by the troika for 2 billion euros in revenues from old debts by the end of the year and the collection of 25 percent of all new debts.