Greek Tax Revenue Increases 19.5% in November, Capital.gr Says

Greek tax revenue in November climbed 19.5 percent from the same month last year to 5 billion euros ($6.5 billion), Capital.gr reported, citing unnamed government officials.

Tax revenue in the first 11 months of 2010 increased by 5 percent from a year earlier to 45.5 billion euros, nearing an annual target of 6 percent growth, the website reported. The government needs to collect 6 billion euros in December to meet its 2010 target, Capital.gr said.

To contact the reporter on this story: Tom Stoukas in Athens at astoukas@bloomberg.net.

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.