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As directors of the NGO, you will be liable for the failure to file or remit income tax documents, the usual vicarious liability if your NGO has employees that are injured etc. Generally, directors of NGOs get "Directors' Liability Insurance" to cover these types of issues. As for your relationships in Greece, often foreign NGOs work in partnership with people living in the country where the operations are. The government in Greece can certainly hold you responsible if things in Greece fall apart so you need to consult lawyers, accountants, bankers and government representatives in Greece about giving the organizatgion a safe haven to put their funds in the event of a bank failure!