71,000 farmers face enforced bank account seizures for arrears

5 July 2016
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71,000 farmers face the threat of their bank accounts being seized due to outstanding debts to their pension fund ‘OGA’. According to a report by newspaper ‘Ethnos’, the total debt owed to the pension fund by 350,000 farmers amounts to 754mln Euros, 71,000 of them placed on a ‘black list’ of overdue payments over 5,000 Euros, after being repeatedly warned to settle the outstanding amounts. The debtors are sent a notification informing them to settle their arrears, and if they do not comply within a certain period, the procedures of enforced payment through the seizure of their bank accounts is enacted.

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