×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
24
Jul 2026
weather symbol
Athens 29°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greek public revenue down by 9.2bln euros during economic crisis

Tax hikes have failed completely

Newsroom November 12 02:09

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

According daily newspaper “Kathimerini”, the sweeping tax measures imposed on Greek businesses and citizens, as part of the fiscal adjustment policies adopted from 2010 to 2016 to raise state revenue have failed. Citing official data from the European Commission, the article underlines that the tax hikes amounting to 37 billion euros over the 6-year period, staring from the first bailout program till the third one, have actually had a negative effect on public revenues, resulting in a 9.2 billion euro decline. The Greek governments have passed aggregate measures worth 72.6 billion euros over the economic crisis, mainly through the imposition of spending cuts and tax increases, with the measures linked to spending cuts being dubbed as successful, while the tax hike measures completely failing. .

Ask me anything

Explore related questions

#crisis#decrease#economic#fail#greek#hikes#revenue#state#tax
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Two people injured in a knife attack in New York – The assailant shouted “Allahu Akbar”

July 24, 2026

EMY severe weather warning remains in effect: Orange and red alerts issued for multiple regions – when rain is expected in Athens

July 24, 2026

Mitsotakis: Elections will not be held in the autumn – “Good luck” to the scenarios for a government of special purpose

July 24, 2026

Bad weather today with rain, storms & hail: Areas affected & when conditions will improve

July 24, 2026

Heavy Ukrainian drone strike on St. Petersburg: New fires at Wildberries facilities

July 24, 2026

Mitsotakis heads to Parliament for the Constitution: ND’s proposals & criticism of PASOK over its “present” vote

July 24, 2026

Tesla’s major investment in Greece

July 24, 2026

War sends oil prices soaring: US maintains sustained strikes on Iran

July 24, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα