The Greek government has announced a new package of economic measures aimed at supporting household income, reducing the cost of living, and addressing private debt
The measures target individuals, freelancers, and businesses, with a strong focus on debt restructuring, liquidity support, and financial relief for vulnerable groups.
72-installment debt plan for overdue liabilities
One of the key measures is the introduction of a new 72-installment repayment scheme for overdue debts that became payable up to December 31, 2023.
This regulation applies to debts owed to tax authorities and social security funds, allowing both individuals and legal entities to restructure their obligations under more manageable terms.
Key features:
- Up to 72 monthly installments
- Minimum monthly payment of €30 30€
- Interest rate aligned with standard long-term arrangements
- Ability to obtain a tax clearance certificate
- Suspension of enforcement measures under certain conditions
Expansion of the out-of-court settlement mechanism
The out-of-court debt settlement mechanism is also being expanded.
Eligible debt thresholds are reduced, allowing participation for debts starting from €5,000, compared to the previous €10,000 minimum.
Η αλλαγή αυτή αναμένεται να καλύψει χιλιάδες πολίτες και μικρομεσαίες επιχειρήσεις που μέχρι σήμερα δεν μπορούσαν να αξιοποιήσουν το συγκεκριμένο εργαλείο ρύθμισης.
Lifting of bank account seizures
A significant provision allows for the lifting of bank account seizures, offering immediate relief to affected individuals and businesses.
To qualify:
- At least 25% of the total debt must be repaid
- The remaining balance must be formally regulated
This measure is particularly important for restoring liquidity and enabling normal financial activity.
Increased financial support for pensioners
Annual financial support for pensioners is increased from €250 to €300 net.
Παράλληλα, διευρύνονται τα εισοδηματικά και περιουσιακά κριτήρια, με αποτέλεσμα να καλύπτεται μεγαλύτερο ποσοστό συνταξιούχων άνω των 65 ετών.
Higher income thresholds for rent subsidy
Income thresholds for rent subsidy eligibility are being raised, expanding access to a larger number of tenants.
This initiative aims to ease housing cost pressures, especially in a period of rising rental prices.
One-off support for families with children
A one-off payment of €150 per dependent child will be granted.
The support will be provided automatically, based on income criteria, and will be: Tax-free Non-seizable Not subject to offset
What these measures mean for businesses and professionals
The new measures create meaningful opportunities for businesses and self-employed professionals facing financial pressure.
In particular, they can contribute to:
- Improved cash flow
- Better debt management
- Avoidance of enforcement actions
- Restoration of financial stability
- Ability to restart or expand business activity
How can AFS support you?
Choosing the right solution depends on your financial profile and obligations.
AFS provides expert guidance at every stage, including:
- Assessment of outstanding debts
- Evaluation of eligibility for the 72-installment plan
- Advisory on out-of-court settlement options
- Strategic financial planning for businesses and individuals
- Full support throughout the application process
Want to check if you qualify?
Fill in the contact form at the end of this page and an AFS advisor will get in touch with you promptly to assess your case and guide you through the next steps.
