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Banks to be forced to freeze accounts of tax debtors from this week

Finance Minister Yannis Stournaras has signed off that will allow from this week tax authorities to seize any money in the bank accounts of debtors.

Under the new rules, banks will have 10 days from when they receive notice from authorities to freeze the accounts of customers who owe money to the state.

As of Thursday, tax officials will also have the ability to check on the progress of their requests via an online system that will link them to the banks.

ekathimerini.com , Monday December 9, 2013 (11:03)  
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