(TATIANA BOLARI/EUROKINISSI)

Public sector debts to private individuals remain high

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@fyinews team

08/08/2025

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  1. Public sector debts to private individuals remain high, as outstanding obligations to thousands of suppliers, pending pensions and tax refunds exceed €3.6 billion.
  2. Hospitals owe the largest share (€1.6 billion), followed by Social Security Funds, with debts of €612 million.
  3. Municipalities and local authorities owe €264 million to private parties, public legal entities owe €222 million (a slight decrease), while pending tax refunds amount to €722 million.

 

 

 

 

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Public sector debts to private entities remain high, as outstanding obligations to thousands of suppliers, pending pensions and tax refunds exceeded €3.6 billion in June, according to data from the General Accounting Office cited by News247.

Hospitals owe the largest share (€1.6 billion) to suppliers — the same as in May — marking an increase of €435 million since the start of the year. They are followed by Social Security Funds with €612 million in debts, up €8 million in one month and €27 million since the end of 2024.

Municipalities and local authorities owe €264 million to private parties, €33 million more than in January. Debts of public legal entities edged down from €249 million in May to €222 million in June.

Greece has already been condemned by the EU for breaching a directive that sets a maximum 60-day payment deadline for public healthcare bodies.

Pending tax refunds rose by €72 million in a month, reaching €722 million in June from €650 million in May.

It is worth noting that Greece was convicted by the EU Court of Justice for violating Directive 2011/7/EU, which sets a maximum 60-day payment deadline for public healthcare bodies.

The Court of Justice of the EU found a systemic failure by Greece to ensure timely payments to private suppliers of medical equipment and healthcare materials — a problem that remains unresolved.

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