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).
Athens transport staff call off strike action
Transport staff in the Greek capital have called off further action after a breakthrough in talks with authorities.
Staff objections over a collective labor contract for this year were lifted following talks with the General Accounting Office.
- Read more about Athens transport staff call off strike action
- Log in to post comments
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.
- Read more about Transport staff expected to halt strike action
- Log in to post comments
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.
Inspectors back for post-bailout assessment amid debt warnings
As foreign auditors returned to Athens on Monday, for the first assessment of Greece's finances since the country exited its international bailouts last month, a top European official stressed that debt relief will depend on the continuation of economic reforms.
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.
- Read more about Greek debt rose by 1.6 bln euros in Q2
- Log in to post comments
Budget shortfall to affect police, fire service, migrants
The Citizens' Protection Ministry's budget for 2017 has a shortfall of around 160 million euros, according to a ministry document sent to the General Accounting Office last month and seen by Kathimerini.
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.
- Read more about The 2009 Greek fiscal figures
- Log in to post comments
Deja vu as the Troika is back in town!
The Troika of Greece’s international creditors from the European Commission, European Central Bank and International Monetary Fund returned to the country to supervise the closure of the 2nd Greek bailout and move forth to the third.
- Read more about Deja vu as the Troika is back in town!
- Log in to post comments