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Finance Ministry

Greek Government Records €1.8 Billion Primary Surplus

In a report on budget execution, the finance ministry said that the primary surplus totalled 1.8 billion euros in the first half of 2014, up from a primary deficit of 1.9 billion euros in the corresponding period in 2013....

Salaries of Judges to Pre-Crisis Level

The cuts in the salaries of judges were deemed unconstitutional on the principle of proportionality and the constitutional rule of equality and thus their salaries will return to pre-crisis levels. According to a report by the General Accounting Office of the...

Finance Ministry's Cleaners Suspended until September

The Supreme Court of Greece accepted the appeal of the Greek Finance Ministry, which requested a delay in the implementation of a court decision to rehire its cleaners, temporarily suspended. The ministry had appealed to the Court in an effort to temporarily freeze...

Greek Firms Will Receive German Aid of 100 Million Euros

The Greek Finance Ministry reported on Tuesday that the German state will help small and medium-sized Greek firms secure access to funding by making available 100 million euros in loans. These loans will help develop a Greek fund with 500 million...

Peripheral Βonds Yields Up On Greek Tax and Political Fears

Prices of lower-rated eurozone bonds fell on Friday, deepening sharp falls on Thursday caused, Reuters said, by nervousness about the stability of the Greek government, a tax on foreign holders of Greek bonds and weak growth.  "The rally in peripheral government...

Finance Ministry's Cleaning Staff Suspensions Deemed Unconstitutional

The First Instance Court of Athens has annulled the dismissal of 397 cleaning staff from the Greek Ministry of Finance, as their suspension was deemed unconstitutional. According to the court's decision the cleaners must be reinstated in their positions immediately,...

One in Four Greeks Owes the State a Total of €62.5bn

New data released by Greece's Finance Ministry shows that one in four citizens owes money to the Tax Bureau, which is now due a total 62.5 billion euros. However, according to the General Secretariat of Public Revenue, in January 2014, the number of people...

NGO Finances Under Ministry Microscope

Greece's Deputy Finance Minister George Mavraganis has presented documents to Parliament citing 908 non-governmental organizations (NGOs) under investigation by Finance Ministry inspectors. In what appears to be only the beginning of a lengthier investigation into NGOs, Mavraganis stated: “The selection process for further investigation will continue.” The Directorate...

E-System to Trim Greek State's Phone Bills

In light of recent research that suggested the state's phone bills amount to about 285 million euros a year, the Secretariat for Information Systems of the Greek Finance Ministry decided to launch an electronic system in order to monitor telephone calls...

Anger Management Seminars for Tax Office Employees

Harry Theocharis, General Secretary of Public Revenue and head of tax offices across Greece, inspired by the films "Anger Management" and "Analyze this," organized seminars that will help employees in tax offices deal with the anger and the outbursts...