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5 clusters · 23 sources · 19 days · First seen · Last updated

Greek debt settlement and electricity regulation measures

Overview

Greece has introduced regulatory measures to address accumulated debt. In August 2026, the government implemented a 72-installment program for debts incurred up to December 31, 2023, featuring a 5.84% interest rate. However, the Ministry of National Economy and Finance is now considering expanding this program to 100 or 120 installments due to low adoption rates.

As of late August 2026, approximately 11,500 applications have been submitted. The program potentially covers debts totaling 95.3 billion euros, affecting over 1.5 million individuals and businesses. Current limitations hindering adoption include the exclusion of debts incurred after December 31, 2023, and the inability to transfer existing active settlements into the new framework. Officials are evaluating these modifications to reduce the monthly burden on debtors and prevent asset seizures or bank account freezes. Decisions regarding these changes are expected shortly and may be presented during government announcements at the IMF meetings.

To combat ‘energy tourism’ and address approximately €2.98 billion in overdue electricity debts reported in 2025, the Ministry of Environment and Energy is amending the Electricity Supply Code. A ‘debt flagging’ system prevents consumers with three flags from switching providers until debts are settled. Under new protocols published in the Government Gazette, suppliers can request up to two years of a customer’s history, including consumption data and overdue markings, when a provider change is requested. Contracts will now include clauses for customer consent to share debt information with third-party suppliers.

New payment timelines require small customers to be given at least 20 days to settle a bill, with paper bills allowing 25 days from mailing. If a second deadline passes, suppliers must contact the customer within five days to propose an installment plan; the consumer then has five days to respond before the customer is officially marked as overdue in the operator’s information system.

Entities

Regulatory Authority for Waste, Energy and Water · EFKA · Ministry of Environment and Energy · Independent Authority for Public Revenue · Hellenic Electricity Distribution Network Operator

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. 12 days ago

    [BUSINESS] 4 sources
    Greece considers expanding debt installment plan to 120 months

    Greece is considering expanding its debt restructuring program from 72 to 100 or 120 installments to increase participation among the 1.5 million potential debtors.

  2. 16 days ago

    [BUSINESS] 8 sources
    Greece implements new rules for unpaid electricity bills

    Greece has implemented new regulations for unpaid electricity bills, establishing specific payment deadlines, debt settlement procedures, and data-sharing rules between suppliers.

  3. 19 days ago

    [BUSINESS] 3 sources
    Greece to restrict electricity provider switching for debtors

    Greece is introducing new regulations to prevent ‘energy tourism,’ blocking consumers with three unpaid electricity bill flags from switching providers until debts are settled.

  4. 22 days ago

    [BUSINESS] 10 sources
    Greece introduces debt flagging to curb electricity non-payment

    Greece is implementing a ‘debt flagging’ system to stop ‘energy tourists’ from switching electricity providers to avoid unpaid bills, aiming to protect compliant consumers and reduce market debt.

  5. about 1 month ago

    [BUSINESS] 3 sources
    Greece debt settlement: 72-installment program sees initial uptake

    Greece's new 72-installment debt settlement program has seen 20,000 initial applications. Debtors must settle all obligations incurred since January 2024 to qualify for the 5.84% interest rate plan.

Sources

anatolh.com · best-tv.gr · businessdaily.gr · dnews.gr · e-ptolemeos.gr · ethnos.gr · gargalianoionline.gr · haniotika-nea.gr · iefimerida.gr · ieidiseis.gr · ienergeia.gr · insider.gr · ipaidia.gr · kriti360.gr · larissanet.gr · lykavitos.gr · newsbomb.gr · proson.gr · taxheaven.gr · tempo24.news · thenewspaper.gr · thepressroom.gr · tvstar.gr

This summary has been updated 4 times: see revision history