The process of joining the new arrangement of up to 72 installments for insurance debts to EFKA has officially opened, as the relevant circular was issued yesterday, activating the new framework for implementing the recent law 5313/2026.
Interested parties will be able to submit their applications until 31 December 2026 through the electronic services of the Center for the Collection of Insurance Debts (KEAO), for debts to EFKA and NAT. It is recalled that the total debt to the Social Security Funds now approaches 52 billion euros, with almost 7 out of 10 debtors owing up to 15,000 euros each.
In detail, the arrangement concerns insurance debts created up to and including 31 December 2023 and which were not in an active arrangement on 21 April 2026, nor were they included in another arrangement regime by the date of submission of the application.
For the application to be accepted, the debtor must not have overdue and unregulated debts from 1 January 2024 onwards. If there are newer debts, these must simultaneously be included in the standard arrangement, so that the basic condition for inclusion is met.
For debtors who do not meet the above conditions, an informational message regarding the existence of an active arrangement will appear in the electronic services of KEAO when selecting the 72-installment arrangement.
The debts can be repaid in up to 72 monthly installments, with a minimum installment amount of 30 euros. Inclusion in the arrangement is completed only with the payment of the first installment, which must be paid by the last working day of the month in which the application was submitted. The remaining installments are paid on the last working day of each following month, without requiring a new notification from KEAO.
As is also clarified in the circular, the principal debt is capitalized and from the date of inclusion is charged with the interest rate provided for the standard arrangement of insurance debts, instead of additional fees and surcharges. That is, it is charged with an interest rate of around 5.5%, whereas for debts outside an arrangement, the corresponding rate is 8.5%.
At the same time, the debtor retains the right of early repayment, by paying the interest corresponding to the installments that ultimately elapsed until repayment.
Inclusion in the arrangement is accompanied by significant benefits. Among other things, a certificate of insurance compliance is granted, criminal prosecution for debts to the social security funds is suspended, the execution of any imposed sentence is interrupted, and enforcement measures, such as seizures of movable and immovable property, are frozen for as long as the terms of the arrangement are observed.
Debtors, however, should be particularly careful, as the arrangement is lost if two consecutive monthly installments are not paid or if the new insurance obligations created during its duration are not settled on time. In this case, the remaining balance of the debt becomes immediately due and all compulsory collection measures are reactivated.
For the operation of the new system, KEAO has created two new types of arrangement. Type 795 concerns debts up to 31 December 2023 that are included in the 72 installments, while type 790 is used for the parallel standard arrangement of debts created from 1 January 2024 onwards, if their simultaneous settlement is required.