Greece moves to expand municipal debt repayment plan up to 48 installments

A new regulatory framework under discussion in Greece is set to reshape how citizens and businesses repay debts owed to municipalities and regional authorities, introducing a standardized repayment plan of up to 48 monthly installments.

According to the proposed provisions, the reform is part of a broader overhaul of local government legislation and aims to simplify the settlement of outstanding obligations such as municipal fees, fines, and other public charges. The measure is expected to apply broadly to both overdue and current debts, regardless of when they were originally certified.

The system is designed to offer more flexible repayment terms, replacing fragmented previous arrangements with a unified structure for local government debt management.

The proposal has been presented as part of a wider effort to improve collection efficiency while easing financial pressure on households and businesses.