Forced foreclosures for those who owe to funds

The administration of KEAO will be able to monitor the assets of the debtors and if there are overdue, unregulated debts will seize up until the amount of the debt.

Newsbomb

ENGLISH NEWS
1'

The government plans to seize up movable and immovable property of those who owe contributions to funds.

The Greek government has the necessity to find 500 million Euros which will be saved by the health insurance system in 2014. In view of the arrival of representatives of the creditors in Athens and the begging of new negotiations on Tuesday, the Minister of Labour considers that the only option to find this amount of money is to take measures against contribution evasion.

According to Realnews, the mechanism, which will allow the leadership of the Ministry of Labour to cross check easily the assets of debtors and to proceed in instant foreclosures, is ready.

KEAO will connect with the General Secretariat for Information Systems and take all the necessary information for the foreclosures.

According to official data of the Ministry of Labour, in IKA organization there are 7.9 billions of unpaid insurance contributions from active businesses.