General Accounting Office

Greek Budget: Primary deficit of 1.687 billion in the first quarter of 2022

A deficit of 1,687 million euros, against a target for a primary deficit of 1,331 million euros was recorded by the state budget in the period January - March 2022. Tax revenues amounted to 12,144 million euros, increased by 1,337 million euros or 12.4% against the projected target.

Brexit bill amendment to help non-EU businesspeople invest in Greece

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).

Transport staff expected to halt strike action

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.

Stournaras warns against additional benefits, says investors on edge

Greece will achieve a primary surplus of 3.5 pct of gross domestic product this year based on general government fiscal data for the first quarter of 2019, but it will be unable to exceed this target if current trends prevail over the rest of the year, Bank of Greece Governor Yannis Stournaras told the Athens-Macedonian News Agency (ANA-MPA) on Wednesday.

Greek debt rose by 1.6 bln euros in Q2

Greece's central government debt reached 345.3 billion euros at the end of the second quarter of the year, up from 343.7 billion euros three months earlier, according to quarterly data published by the country's General Accounting Office on Friday.

The state's cash reserves stood at 13.08 billion euros, up from 12.32 billion euros at the end of March, the accounting office said.

The 2009 Greek fiscal figures

The prosecution of the ex-statistics chief Andreas Georgiou for allegedly "inflating" the 2009 Greek fiscal deficit has reopened the discussion on the true fiscal situation of the country in 2009. This discussion has haunted Greek politics since the beginning of the crisis.

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