Greece Approves 72 Installment Plan for Social Security Debts

Greece is offering a significant financial relief measure for thousands of self-employed professionals and businesses with a new regulation on social security debts. As of July 2, 2026, the e-EFKA social security agency is implementing a system that allows debtors to pay off their outstanding obligations in up to 72 installments.

The new scheme targets debts accumulated up to December 31, 2023. A key condition is that these debts must not have been active under another payment arrangement as of April 21, 2026. For debts incurred from January 1, 2024, onwards, individuals must adhere to the standard 24-installment payment plan.

To utilize this new regulation, applications must be submitted exclusively through the electronic services of the Collection Center for Insurance Debts (K.E.A.O.). The deadline for submitting these applications is December 31, 2026. The initiative aims to provide a sustainable solution for managing accumulated financial obligations, enabling insured individuals to plan their future with payment terms that align with current economic realities.