“Ravasakia” from EFKA for those in debt – when they have to pay

A fairly large amount of debt has been created and EFKA is taking drastic action.

Postpaid bills will be sent to thousands of major debtors across the country.

What will EFKA do to try to resolve the situation with the debtors?

How long will they have to pay EFKA?

According to e-EFKA, by July 9, the Insurance Contributions Collection Center must send debtors to insurance funds a “final warning,” warning them that if they do not settle their debts by July 24, the information will be published to them on July 31.

In particular, through a new circular, the EFKA gives instructions to the competent services, on how to act in the period preceding the disclosure of the data of major debtors who owe the funds more than 150 thousand euros.

EFKA calls on services dealing with the “hot” issue of overdue debts to proceed with a new audit of thousands of debtors, given the publication of the overdue debt data of the Tax Authority and e-EFKA for 2024.

The General Directorate of Contributions EFKA with sub-number 919540/01-07-2024 specifies its document which debtors will be listed and which debtors will be excluded.

The aim of publishing the details of major debtors is on the one hand to pressure them to settle their debts to avoid referral, and on the other hand to inform public and private entities that those on the list are insolvent and have “open cases” against EFKA.

The Authority explained in the new circular that data on the total overdue debts of the State for any reason and insurance debts of social security bodies are mandatorily published on the website of the General Secretariat of Public Revenues at the Ministry of Finance. If the overdue principal debt owed to public institutions or social security exceeds 150,000 euros for each natural or legal person or legal entity and its payment is delayed for more than one year.

EFKA will consider this.

As the deadline for disclosing the details of the debtors is July 31, EFKA requests its competent departments, immediately and no later than 07/21/2024, to settle the pending insurance cases and complete any administrative procedure that may lead to the debtor claiming exemption from the disclosure process, based on the conditions mentioned above.

For example, the following procedures are mentioned in the document:

• Monitoring and updating the Employers Register-EFKA for correct registration of the legal form of public services and NPDD given their exemption from publication.
• Completion of pending decisions issued by local administrative committees, administrative courts, etc., which result in reducing the certified debt.
• Finalize pending deletion and exemption requests, etc., and simultaneously submit them electronically to KEAO of relevant amended laws.
• Entries in OPS/eE.FKA Collect feedback information based on: judicial proceedings/judgments as well as requests for redress based on complaints filed – employment advertisements.
• Registration in OPS/eE.FKA of information subject to the provisions of Law No. 4178/2013 on the regulation of unauthorized construction, under which the law grants the suspension of collection.
• Controlling the limits of cash claims from unpaid insurance contributions for entities, sectors, branches and accounts included in the EFKA electronic system, in application of general, special or legal provisions.

The lists that will be announced from August onwards on the AADE website will include natural and legal persons.

The details of the natural persons to be entered in the lists are: tax registration number, surname, first name, patronymic, basic debts, contributions to public financial services/control centres and customs, and partial sum of debts for each of the groups of services and agencies.

For legal persons and entities, the tax registration number, name and address of the registered office, basic debts and contributions to public financial services/control centers, customs and EFKA, and a partial total of debts for each group of service operators and notes will be declared.