ATHENS: More than €120 million has entered state and social security coffers in the last few days for the settlement of expired debts. At the same time budget revenues for the first 20 days of March are within target.
According to the latest data, the express payment program that ended on Friday brought the state some €110 million in just one week, mostly from very old debts that had their penalties reduced or written off. After the Easter holidays a new, more favorable 100-installment payment program will come into action. The Finance Ministry expects revenues of between €500 and €800 million over the course of the year. Alternate Minister Nadia Valavani said the online platform for applications will open immediately after Easter, which is on April 12.
Some 3,000 settlement applications were filed at the Social Security Foundation (IKA) in the first couple of days of the 100-tranche scheme for social security contribution debts. Total debts of €238 million have been entered into the plan and the first €11.15 million has been paid. Filing of applications to IKA started on Thursday, while applications to other funds will be accepted as of April 2, and up to April 30.
