Feb 21 • 06:46 UTC 🇬🇷 Greece Naftemporiki

The task force for expediting the payment of lump sums gets to work

The Greek government's economic team is making moves to reduce overdue public debts to private entities, establishing a task force to expedite lump sum payments.

The Greek government is taking steps to reduce overdue public debts owed to private individuals, with the Ministry of Finance reporting a significant drop in these debts from November to December 2025. The outstanding public debts, which include pending tax refunds, decreased from €3.782 billion to €3.221 billion, indicating a stronger response from the government to tackle these financial obligations. The Ministry's actions include warnings to public entities about the consequences of failing to expedite payments, which could include public disclosure of their names.

To further address this issue, the Ministry of Finance has established a committee tasked with identifying the reasons behind the delays in settling overdue debts. This initiative aims to streamline processes and ensure faster payments to the private sector. In addition, a special task force will focus specifically on expediting the payment of lump sums, which are often delayed, thus highlighting the government's commitment to improving its financial responsibilities and relationships with private individuals.

This proactive approach reflects the government's broader strategy to enhance financial management within public entities and foster a more efficient system for handling public debts. By enforcing stricter measures and mobilizing resources, the Greek government aims to alleviate the burden on private individuals and ultimately strengthen economic stability in the country.

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