Finance Ministry
Primary budget surplus at €2.16 bln at end-June
The Greek state budget recorded a primary surplus of 2.166 billion euros in the January-June 2023 period, up from a budget target for a surplus of €415 million and a primary deficit of €3.425 billion in the same period last year, the Finance Ministry said on Monday.
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Locking in tax declarations
The Finance Ministry and the tax administration (AADE) are planning on "locking" pre-filled value-added tax declarations as well as the E3 tax form, at least regarding the declared income of businesses and professionals, in an attempt to contain tax evasion.
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ENFIA discount due to property insurance to have immediate effect
Property owners will need to have insurance coverage for earthquake, fire or flood in order to enjoy the 10% discount on their Single Property Tax (ENFIA) bill next year based on the provision included in the bill of the National Economy and Finance Ministry.
Israel set to request Greek milk imports
Israeli Finance Minister Bezalel Smotrich signed an order to lift customs tax on imported milk for three months to deal with a milk shortage, the Israeli Finance Ministry said on Thursday.
This is expected to lead to sales of Greek milk to the country.
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Greek Finance Ministry tables supplementary budget
The National Economy and Finance Ministry tabled a supplementary state budget of 700 million euros on Wednesday to cover additional expenditures related to the government's support in 202 measures included in a new economy bill.
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Civil servants to get a raise
The new salary system for civil servants to be activated from January 1, 2024, provides for a horizontal increase of 60-70 euros for the 660,000 public sector employees.
According to Finance Ministry officials, it includes fundamental changes in the salaries of civil servants, with raises and the reinforcement of special salaries, especially for those in positions of responsibility.
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Şimşek vows to reinstate fiscal discipline
The government will not allow permanent deteriorations in public finance indicators by bringing the budget deficit under control and reestablishing fiscal discipline, Treasury and Finance Mehmet Şimşek has said, adding that necessary measures are being taken to this end.
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Dendias to ‘seek consensus’ with parties on issues of national interest
Defense Minister Nikos Dendias said the government will "seek consensus" on issues of national importance, during a three-day plenary discussion on the new government's policy program on Saturday.
Nicosia’s proposals for vulnerable citizens
Cypriot Finance Minister Makis Keravnos submitted several government actions aimed at addressing issues related to nonperforming loans to Parliament on Wednesday.
In a letter addressed to Speaker of the House Annita Demetriou, the Finance Ministry emphasized that the proposed framework is considered satisfactory and provides a "safety net" for vulnerable groups.
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HFSF to concede stakes in banks, starting with Eurobank
The disinvestment program of the state from its holdings in banks will be fully implemented from this fall, starting with Eurobank and the allocation of its 1.4% stake.
Up next will be National Bank, in which the Hellenic Financial Stability Fund (HFSF) has the largest stake, amounting to 40.39%.