Greek government is unable to collect taxes

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Source: Ekathimerini
On Thursday, July 5, Greece's Finance Ministry claimed that it is unable to collect 12.6 billion Euros of tax fines, which amount to 6.2% of GDP. Instead tax collection mechanism gathered only 4.77% of the total amount that is 630 million Euros. 180 000 of remaining tax cases are still in Greek courts. Moreover, income tax and VAT receipts declined 30% and 7%, accordingly.
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