The overdue debt of the Greek government continues on an upward trajectory, as it increased by €526 million in the first quarter of the year compared to December 2025, reaching €3.1 billion. When pending tax refunds are included in this amount, the total government “exposure” to suppliers, taxpayers, and pensioners amounts to €3.869 billion, up from €3.299 billion at the end of 2025, marking an increase of €570 million.
According to Finance Ministry data, hospitals remain the “champions” of debt with obligations totaling €1.590 billion, down from €1.696 billion a month earlier, while compared to December 2025 they continue to record a significant increase (€193 million). The month-to-month decrease of €106 million is not unrelated to the acceleration of offsetting procedures (claw back, etc.).
The debt of Social Security Organizations increased in March to €668 million, from €606 million in February 2026, while remaining at similar levels compared to December 2025 (when it was €666 million). It should be noted that this amount includes overdue debts of EOPYY that are still pending, amounting to €199 million.
The debt of Local Government Organizations (Municipalities and Regions) reached €412 million, down €34 million compared to February. However, the increase in debt is enormous compared to December 2025, when it had de-escalated to €180 million.
A large increase is also recorded in the overdue debt of other public legal entities, rising from €165 million in February to €200 million in March.
Ministry debt amounts to €199 million, of which €70 million are obligations to private parties owed by the Ministry of Migration and Asylum, and €64 million are debts of the Ministry of Maritime Affairs and Island Policy.
Pending tax refunds
In March, pending tax refunds stood at €766 million, up from €722 million in December 2025. Overdue tax refunds, delayed by more than 90 days, amounted to €329 million, of which €160 million concern tax refunds that cannot be paid due to external factors (non-response from beneficiaries or failure to provide documentation), while other pending tax refunds over 90 days reached €168 million. Pending tax refunds under 90 days increased from €343 million in February to €437 million in March.
