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A comment on Greece draws up drachma plans, prepares to miss IMF payment. Parent comment

Re:Greece draws up drachma plans, prepares to miss IMF payment by pfortuny on Friday April 03, 2015 @04:41AM (#9314935)
That is so true... Few people "working well" in Spain. But TAXES.
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Re:Greece draws up drachma plans, prepares to miss IMF payment by ptaipale on Friday April 03, 2015 @05:10AM (#9314996)
Taxes are not particularly high in Spain. They are below OECD average, not to mention below EU or Eurozone average.

http://stats.oecd.org/index.aspx?DataSetCode=REV

In 2013, Spain's tax revenue was 32.6 % of GDP. Compare that to Germany 36.7 %, Netherlands 36.3 % and Finland 44.0 %. Also consider that these as proportion of tax revenue to official GDP, and it's pretty safe to assume that Spain has more in grey economy (not in official statistics) than northern Euro countries.

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