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Greece Offers Major Debtors Final Chance to Avoid Public Blacklist
๐Ÿ‡ฌ๐Ÿ‡ท Greece /Economy & Trade

Greece Offers Major Debtors Final Chance to Avoid Public Blacklist

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Greece offers major debtors a final chance to settle overdue taxes and social security contributions to avoid public disclosure.
  • A joint ministerial decision freezes the publication of debtor lists until February 28, 2027, allowing eligible individuals to join a new 72-installment payment plan.
  • This new regulation applies to debts incurred up to December 31, 2023, with application deadlines set for December 31, 2026.

Greece is providing a last opportunity for major debtors to settle their outstanding tax and social security obligations, thereby avoiding the public release of their names. A joint decision by the ministries of National Economy and Finance, along with Labor and Social Security, has put the publication of debtor lists on hold until February 28, 2027.

This extension is directly linked to the activation of a new regulation that allows debtors to pay off their overdue liabilities in up to 72 monthly installments. The deadline for applications to this new scheme is December 31, 2026. Individuals who successfully utilize this window to arrange their debts will be excluded from the list that is set to be published by the end of February 2027. Conversely, those who fail to meet the deadline for regulation or settlement will face public disclosure of their names.

The lists, published by the Independent Authority for Public Revenue (AADE), cover debts owed to tax authorities, customs, and the social security fund (EFKA). They include both individuals and legal entities with total overdue debts exceeding 150,000 euros, including surcharges and fines. The most recent list was published on June 30, 2025.

To qualify for the 72-installment plan, debtors must meet several conditions. Their debts must have become overdue by the end of 2023, not be part of an active settlement as of April 21, 2026, and not be involved in any other settlement process. Furthermore, applicants must have submitted their income tax returns for the past five years and have no irrevocable convictions for tax evasion or smuggling. The regulation becomes active upon payment of the first installment within three working days of application, with a minimum installment amount set at 30 euros.

DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.