Greece’s public finances

No Picture

Greece: The Looming Threat of a Bigger Hole in Public Finances

ATHENS | Op-ed via Macropolis | A Council of State ruling in January looks to have blown a 500-million-euro hole in the government’s fiscal plans. Now a Supreme Court verdict is threatening to create an even bigger shortfall in Greece’s public finances: the emergency property tax introduced in 2011 and levied through electricity bills was unconstitutional.