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A draft bill introduces a new 72-instalment settlement scheme for debts owed to Greece's AADE and e-EFKA, covering overdue obligations from before December 2023. This article examines the eligibility criteria, interest rates, and enforcement suspensions under the new scheme, while comparing its advantages and limitations against the existing out-of-court debt settlement mechanism to help debtors determine the most suitable restructuring option.

Law 4738/2020 introduces critical mechanisms for debt restructuring in Greece, fundamentally transforming how debtors can recover tax and social security clearance certificates. The regulatory framework presents two distinct pathways—the Out-of-Court Debt Settlement Mechanism and the Rehabilitation Agreement—each offering different advantages for unlocking transactional capacities and ensuring business viability through varying withholding requirements and clearance certificate provisions.

Our Administrative Law Briefing Special Edition analyses the amendments to unsolicited proposals in the public procurement framework under Law 5290/2026