general accounting office
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The figures are depressing. In just one month the 2020 budget has gone out the window due to the Covid-19 pandemic, as spending soars as a result of the handouts to workers and enterprises and revenues crumble due to the suspension of corporate tax obligations - and the economic support cycle has only just got started.
An amendment facilitating investments by foreign entrepreneurs from non-EU countries was tabled in parliament on Tuesday.
The amendment is attached to the foreign ministry's draft law entitled "Regulations for the UK's withdrawal from the European Union" and introduces a new type of entry visa, the Airport Transit Visa (ATV).
After weeks of stoppages, transport staff are expected to call off any further action after a breakthrough in talks with authorities on Tuesday.
According to Infrastructure and Transport Minister Kostas A. Karamanlis, staff objections over a collective labor contract for this year have been addressed following consultations with the General Accounting Office.
Surprisingly high value-added tax takings boosted state revenues over the summer, taking the primary budget surplus of the year's first eight months to 2.9 billion euros, per the data the State General Accounting Office released on Wednesday, against a target for a primary deficit of 272 million euros.