are overpaying
Present progressive conjugation of overpay. There are other translations for this conjugation.

overpay

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Clearly we are overpaying for the fishing rights and we should pay for the amount of fish that is caught by European fishermen, but if we wish to pay for Greenland development aid then let us pay for it separately.
Es evidente que estamos pagando de más por los derechos de pesca y tenemos que pagar por la cantidad de pescado que capturan los pescadores europeos, pero si queremos pagar a Groenlandia para contribuir a su desarrollo, hagámoslo por separado.
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