'Who's who' of major tax debtors published on ministry website

Thursday, 07 July 2016 18:27
UPD:18:33
REUTERS/DADO RUVIC

The biggest outstanding debt belongs to the Akropolis brokerage firm, a whopping 8.54 billion euros in back taxes and fines, followed by Olympic Airways (1.35 billion).

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The names of nearly 14,000 individuals and corporate entities with the biggest tax arrears - more than 150,000 euros in each instance – were published on Thursday in a finance ministry-run website, publicrevenue.gr.

Entries list debts in arrears for more than one year, and owed to the tax bureau or customs service.

Taxpayers that have worked out a payment plan with the tax bureau or whose cases are the subject of a legal battle and adjudicated up to the appellate level are not on the lists.

Nevertheless, societe anonyme firms that have ceased operations for decades – Creta Bank, for instance, a business “casualty” from the 1980s – are published, as are defunct former state-run enterprises, such as Olympic Airways and the horse race track, ODIE.

The two biggest state-run defense manufacturers and suppliers, HAI and EAS, are also on the list, with accumulated arrears totaling nearly 1.1 billion euros.

The biggest outstanding debt belongs to the Akropolis brokerage firm, a whopping 8.54 billion euros in back taxes and fines, followed by Olympic Airways (1.35 billion).

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