Taxpayers can designate account protected from seizures to cover state debts

Taxpayers are as of Tuesday able to designate a bank account at which they can hold up to 1,500 euros in deposits without fear that it will be confiscated cover any debts to the state.

The details of the protected accounts can be logged with Taxisnet (

A printout of the declaration can then be submitted to the relevant bank.

Accounts will be protected from the day after the declaration is submitted to the bank.