Private sector arrears to the state down in May

Private sector arrears to the tax agency totaled 101.482 billion euros at the end of May, slightly down from 101.584 billion a month earlier, official figures showed on Monday.

New arrears totaled 4.219 billion euros in the January-May period, up from 3.665 billion in the January-April period, while total arrears (including taxes and fines) amounted to 4.764 billion euros in May from 4.154 billion in April.

Tax authorities have imposed obligatory tax collection measures on 1,128,203 taxpayers up to May, up 10,673 from April.