Over 45,000 taxpayers sign up the first week of the 120-installment debt repayment plan

Over 45,000 taxpayers have signed up electronically for the government's new 120-installment plan to settle arrears, officials said on Thursday.

According to the Independent Public Revenue Authority (AADE), the signups occurred within the first week its e-platform went live.

The applications concern arrears of 402 million euros in total, of which 311 million are the main outstanding debt and 91 million are add-on fines and fees.

The Finance Ministry is expected to extend the application deadline beyond the date of national elections, to be held on July 7.