![Pandemic debts – Extension until January 26 for submitting the applications for the repayment plan of 36-72 installments](https://www.ot.gr/wp-content/uploads/2021/12/ot_akinhtα3-2.png)
The deadline for submitting applications for inclusion in the pandemic debt repayment plan is extended until January 26, 2022, in 36 interest-free installments or 72 installments, with an interest rate of 2.5%. The deadline normally expires on December 31, 2021, but, by decision of the Deputy Minister of Finance, Apostolos Vesyropoulos, it is extended by 26 days, thus giving more time to companies and professionals affected by the health crisis to submit their applications.
The aforementioned plan concerns more than 820,000 debtors who can choose to repay their pandemic debts in up to 36 interest-free monthly installments or 72 installments, with a 2.5% interest rate. The minimum monthly adjustment amount may not be less than 30 euros for debts, including interests and surcharges, up to 1,000 euros or less than 50 euros, or for debts, including interest and surcharges, over 1,000 euros. In case of late payment of the installments, a monthly increase of 5% is required.
Who regulates
The plan of 36-72 installments includes debtors with unregulated debts certified at the Tax Offices from 1.3.2020 to 31.7.2021 and more specifically:
-Natural persons affected by Covid-19
-Legal entities/entities affected by Covid-19
– natural persons not trader with suspension of employment contract for any period from 1.3.2020 to 31.7.2021, due to Covid-19
– natural persons who are not traders who received special purpose compensation with a unilateral declaration for any period from 1.3.2020 to 31.7.2021 due to Covid-19
– natural persons who are not traders who joined the aid mechanism named “SYNERGASIA” for any period from 1.3.2020 to 31.07.2021
– natural persons who are not traders who received a reduced rent for any period from 1.3.2020 to 31.7.2021 and have been reimbursed after the checking of the “Covid-19” declarations,
– natural persons who are not traders who were registered in the register of unemployed of the Greek Manpower Employment Organizatioon in any period from 1.3.2020 to 31.7.2021.
Debtors with debts for which a suspension of collection and an extension of payment, due to Covid-19, have been granted, can also be included in the plan, regardless of the time of certification and the above criteria.
Debts that are regulated
The plan comprises:
a) all their unregulated certified debts to the Tax Administration for which an extension of payment deadlines or a suspension of collection has been granted until 31-12-2021 in the context of dealing with the effects of the coronavirus,
b) Other unregulated debts to the Tax Administration which were certified during the period of March 2020 to July 2021 but could not be repaid on time. This provision includes all kinds of taxes, fines and fees (ENFIA property tax, VAT or income tax, special solidarity levy contribution and traffic fines) that have been certified by the tax office, during the period of March 2020 to June 2021. Income tax of 2021 and already settled debts are excluded.
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