The total amount of uncollectable debts, public funds and state materials written off by the government and its special funds in 2025 stood at €1,050,388.77, according to data published by the Treasury of the Republic.
Of this amount, €1,033,955.72 concerned write-offs exceeding €1,000 per case, while €16,433.05 related to write-offs below €1,000. The corresponding total for 2024 was €2,170,293.30.
The Treasury said the write-offs were carried out in line with the provisions of the Republic’s Accounting and Financial Management and Financial Control Law.
According to the announcement, writing off overdue debts and revenue that have been proven to be uncollectable helps support more effective public decision-making, allowing efforts to focus on debts with a stronger prospect of recovery.
The process also strengthens the reliability and fair presentation of overdue revenue and assets in the state’s financial statements, the Treasury said.
Write-offs exceeding €1,000 per case have been published on the website of the Treasury of the Republic.
Source: CNA
