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🇬🇷 Greece /Economy & Trade

Consistency in Public Debt Payments: New Platform Planned by Year-End, the Next Step for the Economy

From Ta Nea · () Greek

Translated from Greek and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Greek Economy and Finance Minister Kyriakos Pierrakakis outlined the economy’s performance, remaining challenges and priorities including digitization, investment and debt reduction.
  • He said a new digital platform for overdue public-sector debts would be delivered by the end of the year, as part of efforts to improve transparency and payment management.
  • The minister cited higher tax collections, expanded digital records and increased public investment as evidence of economic change.

A new digital platform for managing overdue debts owed by the Greek state is planned by the end of the year, Economy and Finance Minister Kyriakos Pierrakakis said as he presented the government’s economic priorities.

Speaking at an event titled “Progress for the Country, Prospects for All” at the Thessaloniki Olympic Museum, Pierrakakis focused on digitization, investment, falling debt and the need to address outstanding public obligations. His presentation came one day before the prime minister’s announcements at the Thessaloniki International Fair.

The minister linked fiscal figures, growth, investment and reforms to people’s daily lives. Five citizens’ stories shown in a video at the event illustrated how legislative measures could address practical problems. Pierrakakis said the economy should make it possible to reduce taxes, raise incomes, support families, increase investment and fund health and education.

To make the right decision, you must first know what is really happening on the ground.

· Kyriakos PierrakakisThe Greek economy and finance minister stressed the role of data in shaping economic policy.

He reported that tax receipts totaled 33.37 billion euros between Jan. 1 and Aug. 31. Banks processed 29 billion euros of those payments, while payments made through tax offices fell to 870 million euros. Data from the MyData system showed that recorded documents rose from 290 million in 2021 to 2.2 billion in 2026, a 7.6-fold increase over five years. The value declared in documents exceeded 1 trillion euros by the end of August 2026.

Customs declarations and transactions exceeded 1 million, with goods valued at more than 85.1 billion euros. Pierrakakis also referred to a new customs code and further digitization. He said public investment had risen from 5.6 billion euros in 2019 to 16.7 billion euros in 2026, with 8.8 billion euros paid by Aug. 28. “The digitization of data gives us an economy’s pulse monitor,” he said, arguing that measuring data is essential for designing reforms.

The digitization of data gives us an economy’s pulse monitor.

· Kyriakos PierrakakisHe described digital records as a basis for measuring economic conditions and planning reforms.
About this summary

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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