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The First Settlement of Debt to the State Through Extra-Judicial Means Now a Reality

An unnamed company became the first entity in Greece to settle its debts to the state and restructure through an extra-judicial mechanism, Ministry of...

Social Security Debt Grows by 827 Million in Second Quarter

Arrears to social security funds increased by 827,180,068 euros in the second quarter of the year according to a report Friday by the Center...

Debts to Greek Security Funds Reach €33.6 Billion

The total debt to all Greek security funds reached 33.62 billion euros at the end of 2015, according to a Naftemporiki newspaper report. About 90%...

Greece's Lenders Force the Scrap of the 100-Installment Scheme for State Debtors

Greece's creditors are calling for the government to halt the plans for debt repayments to be made in 100 installments as they believe that it would...

This is Greece's Final Bailout Proposal to the Creditors; Full Document of Reforms

The Greek bailout proposal was sent via email to the president of the Eurogroup, Jeroen Dijsselbloem who will forward it to the rest of...

Outstanding Debts to Security Funds Pile Up

Outstanding debts to security funds in Greece reached 13.5 billion euros in November, compared to 11.485 billion in October, according to latest figures. Almost 1.8...

Social Security Funds Getting Rising Number of Applications for Debt Settlement

Nearly 13,000 people have applied to settle overdue debts to social security funds since a new payment plan was introduced two weeks ago, with...

Greek Interior Ministry Refuses to Form Debt Collection Agency

The IMF is pressing Greece to form a private collection agency in order to recover millions of euros owed to social security funds. However, the...

'Businessman, Age 95': The New Front for Tax Dodgers

A rapid increase in elderly people in Greece owing exorbitant debts to the state has been identified, and it is no coincidence, for the...