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Municipality of Athens: New debt settlement up to 60 installments –

The Municipality of Athens announces a new favorable debt arrangement. Citizens will now have the possibility to pay off their obligations in 60 installments from 24 that were before. All types of debts confirmed in cash until 31/10/2024 are subject to the regulation, with a deadline for submitting an application on 31 January 2025.

The application for inclusion in the regulation is submitted electronically to the digital services platform of the Municipality of Athens, using Taxisnet codes, at the address: or in person, at the Protocol of the Municipality of Athens (Liosion 22, 2nd Floor, 9.00 – 14.30).

The regulation concerns:

1. Natural Persons who meet the criteria of Vulnerable Debtor (Law 4738/2020 article 217), by presenting a Vulnerable Debtor Certificate (through the gov.gr digital portal), who are granted the privilege of EXEMPTION from Late Payment Surcharges and Interest as well as and from the Fines, by percentage depending on the scale of installments they will choose to pay off their debts, as follows:

one-off, with a 95% exemption,

in two (2) to six (6) installments, with an 85% exemption,

in seven (7) to twelve (12) installments, with an 80% exemption,

in thirteen (13) to sixty (60) installments, with a 75% exemption.

2. Natural Persons who do NOT meet the criteria of the Vulnerable Debtor as well as Legal Persons, without any exemption from Surcharges, Late Payment Interest as well as Fines of their overdue debts and without the installments being burdened with the legal interest.

OTHER TERMS

Minimum installment amount of 50.00 euros

The payment, either of the lump sum or of the first installment, is made within three (3) business days from the day the debtor becomes aware of his inclusion in the arrangement, otherwise the arrangement is canceled automatically. Subsequent installments are paid by the last working day of the respective month.

Late payment of an installment entails the burden of a monthly surcharge of 5% on the amount of the installment.

If the debtor, at any stage of the settlement, pays the remaining installments of the settled debts in one go, a percentage exemption is granted on the remaining amount of late payment surcharges and fines, equal to what corresponds to the number of monthly installments that is finally settled.

It is envisaged that an order to lift the TIN obligation will be issued to the competent Public Financial Service (P.O.Y.) if the debtor has paid: a) 5% of his regulated debt, for a debt of up to five thousand (5,000) euros, or b ) 10% of his regulated debt, for a debt of five thousand and one minute of the euro (5,000.01) and above.

Provision is made for the issuance of an order to re-commit the TIN in case of late payment of even one of the installments.

The taking of coercive measures and the process of compulsory execution on the debtor’s movable or immovable property are suspended. This suspension does not apply to confiscations that have been imposed in the hands of third parties or for which the relevant orders have been issued, however, the amounts due from them are taken into account to cover the installment or installments of the arrangement.

In case of non-payment of two (2) consecutive installments or three (3) installments in total, the arrangement is interrupted and the dues are confirmed again, together with the fines and surcharges that have been written off. The head of the cash service notifies the relevant D.O.Y. the total amount due (initial debt, fines, surcharges and interest) which is now confirmed in it and is collected under the responsibility of the Independent Public Revenue Authority (A.A.D.E.).

Debts that, on the date of submission of the application, may also be subject to this regulation:

a) are suspended, administratively or by law,

b) have been subject to a previous arrangement or installment payment facility, which is in force, with the loss of the benefits of the previous arrangement and without their inclusion entailing the return of amounts paid,

c) they have not been confirmed, because they are pending legal challenge to any degree, if, in the latter case, the debtor waives the legal remedies or means exercised. If a request for an amicable settlement of the dispute was submitted with the legal aid, the above waiver covers this request as well. A certificate from the court registry, where the case was pending, that a waiver has been submitted, is attached to the application for inclusion in the regulation.

#Municipality #Athens #debt #settlement #installments

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