Troika reports that 80% of Greek outstanding debt can’t be collected

Author: Pete Jackson | Category: News

And advises the Greek government to dip into debtors bank accounts and review its policy regarding debt write offs.

The call comes  after expired debts from Jan-Nov soar to 12 bln euros from 11 bln in the 1st 10 months of 2012, according to the Finance Ministry

As a result, as far as taxpayers are concerned, the combined total of both old and new debts to the state now stands at 55.5 billion euros.

 

More.. ekathimerini

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