Target of €5.5 bln from old dues

The tax medication plans to cod astir 5.5 cardinal euros from past years’ and 2025’s overdue debts, according to its concern plan.

The largest percent of collections usually comes from small debtors with debts of up to €10,000. However, this clip a important information of the supra amount, astir €700 million, will travel from ample debtors.

At the aforesaid time, within 2025, overdue debts of €10 cardinal will beryllium classified arsenic uncollectible. This is due to the fact that a ample portion of the €110 cardinal is intolerable to cod due to the fact that it concerns debts of companies that person been bankrupt for galore years, debtors who person died etc.

For example, debts such arsenic those of Acropolis Securities, which from €5.5 cardinal of archetypal indebtedness person reached, together with fines, the magnitude of €13.8 cardinal today, the aged Olympic Airways with debts of €2.8 billion, and the aged racecourse, will ne'er beryllium collected.

According to the latest published data, the total overdue debts magnitude to €109.69 billion, of which €42.21 cardinal is owed by individuals and the different €67.48 cardinal by businesses.