Those required to submit asset declarations have just one week left to file the required documents. The process for the 2025 annual asset declaration statements covering the year 2024 began on August 1st through the electronic portal pothen.gr and concludes on October 31st, 2025.
Who is required to submit asset declarations
Each obligated person submits their declaration personally, while the lists of obligated persons include the tax identification numbers of the obligated party, their spouse or separated spouse, their civil union partner, and their minor children. These numbers have been reported in accordance with the provisions of Article 17 of Law 5026/23.
It is particularly important that those obligated to file initial and annual Asset Declaration and Economic Interests Declaration from February 28, 2023 onwards, who were not included in a list by their organizations, can now automatically retrieve data from domestic financial institutions.
The list of obligated persons includes:
- Political Figures (President of the Republic, Prime Minister, Ministers, Members of Parliament, European Parliament Members, General and Special Secretaries of Ministries).
- Regional Governors, Deputy Regional Governors, Mayors, Deputy Mayors, Municipal and Regional Councilors.
- Judges and Prosecutors of all levels, members of the State Legal Council, as well as staff serving in the secretariats of these bodies.
- Public Officials with positions of responsibility (General Directors, Department Heads, Heads of Financial Services, as well as those managing public money or having control responsibilities).
- Security Forces and Armed Forces (Officers of the Armed Forces, Greek Police, Coast Guard, Fire Service, and other services holding specific positions of responsibility).
- Control Services Members of the Competition Committee, Court of Audit, Personal Data Protection Authority, as well as those exercising control work in public bodies.
- Governors, Deputy Governors and members of Board of Directors of banks, as well as senior executives in central credit institutions).
- Mass Media (Owners and managers of radio and television stations, publishers and directors of newspapers and magazines, as well as journalists covering specific topics such as judicial, economic, political reporting).
- Other entities Athletic officials (e.g., presidents of sports federations), members of public works tender committees, as well as spouses, separated spouses, or persons with whom the above obligated parties have entered into civil unions. The list of obligated parties expands over time.
Asset declarations 2025: What applies in case of delay
Those who submit their declaration late up to 30 days after the deadline expires must pay an electronic fee of:
- 200 euros for mandatory audit categories
- 50 euros for other obligated parties
- 400 euros for mandatory audited parties
- 100 euros for other obligated parties
Asset declarations: New automatic data retrieval capabilities
The asset declaration system is gradually connecting with financial organizations and credit institutions in the country. Within the application, there is an updated list of connected entities from which automatic information collection is possible.
Obligated persons who have been included in monthly or annual lists by their respective organizations have access to data from all domestic financial organizations and credit institutions.
New procedures for asset declaration submission
The updated procedure offers significant conveniences:
• Automatic transfer of asset data such as deposits, real estate, income, and vehicles
• Electronic filing of notarial documents within fifteen days
• Secure login with TAXIS codes
• Ability to modify data before final submission
• Electronic submission of supporting documents to reduce bureaucracy
Stricter sanctions and penalties
Sanctions for violations in asset declarations have been significantly strengthened. Concealing asset information can result in imprisonment of up to ten years, while asset confiscation is provided if legal origin cannot be proven.
Monetary fines can reach 10,000 daily units, making accurate completion of asset declarations essential. Controls are becoming stricter with the goal of ensuring transparency and preventing financial violations.
