×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
07
Nov 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> 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

Netanyahu attacks Arab parties ahead of Herzog’s decision: “A government dependent on supporters of terrorism will tear Israel apart from within”

November 7, 2026

Greece is the only authority that can grant permits, Athens tells Fidan – France’s role and international pressure over the cable

November 7, 2026

18 arrested in Thessaloniki in major nightclub tax evasion investigation by AADE’s DEOS Unit

November 7, 2026

Chinese translator missing in Artemida: Passport in another name, €100,000 in safe deposit box and investigation in Albania

November 7, 2026

US offers rewards of up to $20 million for information on Iran’s Nuclear Program

November 7, 2026

Athens on alert after Turkish escalation over Cable project – “Abeille Marengo” prepares to depart Heraklion

November 7, 2026

Up to €2,400 a year for every child: Who is eligible, how the new investment account works and which contributions are protected

November 7, 2026

Athens issues stern response to Turkish NAVTEX: Operations by French vessel will proceed and the International law is clear and leaves no room for alternative interpretations

November 6, 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