The Greek state has collected less tax revenues than what was expected during September, with data released on Wednesday by the State General Accounting Office revealing that the net budget revenues target for the month was missed by €93 million.
The figures paint a dramatic picture about the citizen’s inability to pay their taxes, as this was a month where both income tax and Single Property Tax (ENFIA) payments were made.
Taxes not finding their way to the Greek state’s coffers could have an impact on the country’s negotiations with its creditors over the amount of the primary surplus, potentially leading to more pension cuts from the next year onwards.
Meanwhile, according to the figures, the primary budget surplus has climbed to €4.795 billion surpassing the €2.52 billion target, owing partly to a €1.283 billion shortfall in Public Investment Program spending during 2018 until the month of September.
