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New Greek State Debts Rise

As reported by a Finance Ministry document viewed by Kathimerini, new Greek debts are consistently growing, as the reparation of previous ones has significantly diminished.

The report revealed that past debt repayments have been repaid only 9.3%, in the beginning of the year.  The same timeframe in 2013 experienced a 12.3% reimbursement rate.

New concluded debts are being generated more rapidly, compared to how fast the prior ones are being repaid, and contain a 63% increase in administrative fines, in comparison to last year. An additional Finance Ministry report determined that property tax repayments are suffering the most, with only a 7.9% repayment rate.