Arrears towards Greece’s social security system reach 23.3 bln€

19 October 2017
963 Views

Arrears towards Greece’s social security system that lie outside a settlement process have reached 21.5 billion euros, with another 1.8 billion euros – within a settlement plan – added to the above figure by the end of June 2017.

As a result, total arrears owed to the social security system reached 23.3 billion euros by the end of June, with the biggest chunk of the sum owed by major debtors, according to a newly created entity for collecting social security arrears, known as KEAO in its Greek-language acronym.

Based on the agency’s figures, up until the second quarter of 2017 there were more than 18,000 individuals with arrears exceeding 150,000 euros, out of the total of roughly 802,000 people in the country with debts to social security funds, regardless of the level.

This category of major debtors to the social security funds accounted for 11.6 billion euros of the total 23.3 billion euros in arrears now listed on the KEAO’s ledgers.

You may be interested

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices
GREECE
shares18 views
GREECE
shares18 views

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices

Panos - May 07, 2021

The first upgraded Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy today, Thursday 6 May. The work on…

Foreigners looking to buy Greek property amid Covid-19 pandemic
FINANCE
shares31 views
FINANCE
shares31 views

Foreigners looking to buy Greek property amid Covid-19 pandemic

Panos - May 07, 2021

Despite the pandemic, the demand for a permanent holiday home in selected destinations in Greece by foreigners is on the…

Greek Taxisnet services not available for citizens over weekend
FINANCE
shares23 views
FINANCE
shares23 views

Greek Taxisnet services not available for citizens over weekend

Panos - May 07, 2021

Online services on the Taxisnet platform system will not be available to taxpayers over the weekend due to scheduled upgrading.…

Leave a Comment

Your email address will not be published.