By Vangelis Dourakis
And a new jump is recording the debts of the public to private suppliers and taxpayers: this development is also reflected in the relevant data of the State Treasury, which shows that state “feasts” are now reaching 4 billion euros, reminiscent of “openings” of times. Of course, here we have to remind you that when the State is delayed paying the amounts owed to citizens, it is charged at a 3%annual interest rate.
This is not the case with taxpayers who, when they have overdue debt to the state, pay something more … more as a “penalty” and specifically an interest rate of 8.76% per year or 0.73% per month. In addition, despite the exorbitant revenue of state funds, the State continues to delay its obligations.
Debts… Mnemonic times
It is indicative that public debts to private suppliers and taxpayers “inflated” in April at levels that had years to touch: According to official data from the State Treasury, the amount of overdue debts to the State was € 3, with their private debt.
The largest debt part is once again in the health sector, as the total amount of hospitals’ debts to individuals amounted to € 1.65 billion, increased by € 161 million in one month, and EOPYY to EUR 253 million from € 220 million in March.
Especially the € 253 million is expected to “clear” next time as the clawback and rebate imposed on health suppliers has not been removed.
The remaining amount of approximately € 2 billion mainly concerns:
- EUR 405 million debts by local government agencies for € 373 million owed in March, increased by EUR 32 million.
- Debts of Social Security Organizations, which within a month increased by EUR 31 million, reaching € 613 million from € 582 million in the third month of this year. In addition to the pending pensions, there are liability obligations of lump sums by the EIBEP and the former Public Welfare Fund.
- Pending tax refunds of 760 million euros, which increased by EUR 37 million (despite the effort of AADE) in just one month, from € 723 million in March. It is worth noting that of € 760 million, € 290 million relate to tax refunds that remain unpaid for more than 3 months (a reduction of EUR 26 million compared to March), of which EUR 232 million cannot be repaid due to exogenous factors.
What debts are characterized by overdue
Overdue debts over 90 days recorded a decrease of EUR 58 million from EUR 82 million at the end of March.
They also pending 470 million euros, but they are not described as overdue as 90 days of delay have not been completed, from € 408 million in March 2025.
The ministries recorded a total of 248m euros, with most of them being located in the Ministry of Maritime and Island Policy, which now owes € 95m.
Following are the Ministries of Infrastructure and Transport with 39m euros, immigration and asylum with 74m euros and health with 14m euros.
The Public Investment Program remains consistently high, with € 231 million in overdue balances.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.