ATHENS: Greece recorded the highest rise among all countries in taxation increases with a 2.3% spike between 2015 and 2016. Romania, Austria, and Belgium were the champions in terms of tax cuts. According to Eurostat figures on EU Member States’ gross national income tax ratios, Greece showed the largest rise out of all countries. These data also indicated that the level of taxation in billions of euros as a ratio of GDP has increased more than the other countries in the previous year, from 39.8 % in 2015 to 42.1% in 2016.Greece has the highest rise, followed by the Netherlands, Luxembourg, Poland, and Lithuania.
Fitch officials project bright future for Greece
Senior Fitch Ratings officials have expressed their optimism in comments to Kathimerini about Greece’s fundamentals in 2020, just a few...
