Structured finance

Multi-tranche repay plans being brought back for tax debtors

The government is offering the opportunity for tax debtors to rejoin any arrangements that they did not keep up with in the past. In particular, they can rejoin the permanent regulation of 24 to 48 tranches, the special provisions of the pandemic and the energy crisis (72 installments), as well as the arrangements of 100 and 120 tranches.

Huge returns for flat buyers

The housing market has recently evolved into one of the most profitable investments, with a return of up to 126% during the last five years (2017-2022).

Those brave enough to acquire an apartment in Attica during 2017 - i.e. when the real estate market began its recovery - are today the big winners, as they have seen the value of their investment more than double.

Last chance to re-enter debt schemes

Taxpayers and companies with debts to the state have until Thursday to apply for re-entering the payment plans of 100-120 tranches, and must also pay December's installment.

The tranches missed as a result of the pandemic - from March up to November - will be added after the end of the debt settlement program.