Debt restructuring opportunity for Municipalities until January 31

Greece
Sat, 11 Jan 2025 13:17 GMT
Citizens and businesses have the opportunity to restructure debts up to €3.6 billion with discounts on fines and surcharges of up to 95%.
Debt restructuring opportunity for Municipalities until January 31

Citizens and businesses have the opportunity to restructure debts up to €3.6 billion with discounts on fines and surcharges of up to 95%.

Thousands of citizens and businesses can restructure their debts to municipalities and municipal legal entities until January 31, 2025, with significant discounts on surcharges and fines.

The restructuring applies to debts certified up to October 31, 2024, and can include various obligations, such as debts to Municipal Water and Sewerage Enterprises.

Debt repayment can be made in up to 60 monthly installments, with a minimum installment of €50. The total amount of debts that can be restructured is estimated at €3.6 billion.

For individuals who meet the criteria of vulnerable debtors, the restructuring offers discounts on fines and surcharges. The discounts are:

95% for lump sum payment
85% for payment in 2 to 6 installments
80% for payment in 7 to 12 installments
75% for payment in 13 to 60 installments
However, if there is a failure to make payments for two consecutive installments or three total, the restructuring will be canceled, and the owed amounts will be reassessed, along with the fines and surcharges that had been waived.

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MILLET MEDIA OE.
BİLAL BUDUR & CENGİZ ÖMER KOLLEKTİF ŞİRKETİ.
Address: Miaouli 7-9, Xanthi 67100, GREECE.
Tel: +30 25410 77968.
Email: info@milletgazetesi.gr.