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Greece

ND Accusation that Gov’t Growth Plan will Burden Public Finances is Unfounded According to Ministry Sources

The accusation that some of the measures on employment proposed in the government’s Growth Plan will burden Greeks further is unfounded, sources from the Economy ministry told the Athens-Macedonian News Agency on Sunday. The comment was a reply to New...

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...

Greek Ministry of Foreign Affairs Finances Embassies & Consulates

A few days ago the Greek Ministry of Foreign Affairs announced the financing of Embassies and Consulates.  This act is to reinforce several organizations, communities and associations. The following catalogue presents the cities and the amounts given: Vienna: 3,000 Brussels: 3,500 Paris: 3,000 Marseille:...

Greek Energy Ministry Amendment Cancels Rises of Special Duty in Electricity Bills

The Greek Ministry of Productive Reconstruction, Environment and Energy announced on Sunday it is cancelling the increases in the special duty for the reduction of gas emissions (ETMEAR), which had been decided by Greece’s power regulator RAE, with an...

German Finance Ministry: Greece Has Paid Back €360 Mln in Interest

The German Finance Ministry has admitted that the austerity policy imposed on Greece is responsible for the economic crisis and the bankruptcy threat, according to a Rheinische Post report. The report is the result of a question posed by German...

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 Finance Ministry Amplifies School and Hospital Heating Funding

The Greek Ministry of Finance announced today that the State Treasury has approved a 51.5 million euro fund packaged to cover the increased heating oil needs of hospitals and schools. The Deputy Minister of Finances, Christos Staikouras, noted that 37.5...

Development Ministry Defends Foreclosure Rules

The Greek Minister of Development, Kostis Hatzidakis on Thursday defended draft legislation on non-performing mortgages. The opposition disapproves and claims that the government is essentially lifting the current suspension on foreclosures. The Minister, in an interview with MEGA on Thursday...

Health Ministry Accepts Resignation of OKANA Chief

Greek Health Minister Adonis Georgiadis has accepted the resignation of the head of Organization Against Drugs (OKANA), which runs the country's biggest rehabilitation program for drug users. Meni Malliori's resignation came after accusations by the Deputy Minister of Health, Zeta Makri,...

Ministry of Interior Completes Municipal Employee Review

The Ministry of Interior has completed its survey on the staff needs of each municipality. This study also noted the number of employees which will enter an inter-municipal mobility scheme in order to cover needs. In line with the...

Ministry of Finance Proposes Bill to Tackle VAT Evasion

The Ministry of Finance proposes a new mechanism which will improve the effects of auditing and tax services. Haris Theoharis, the General Secretary of Public Revenue, during his interview for the Taxheaven website, uncovered some details for the new...

Ministry of Finance Adjusts New Real Estate Tax Plans

The Ministry of Finances is supposed to be submitting the new bill for the unified real estate tax. Over the past year, we have heard quite a bit about numerous changes on the subject. According to the law, all real...

Greek Finance Ministry Denies Reports Of Euro Zone Exit Plan

Greece's finance ministry Friday dismissed a report in a German news magazine which asserted the country was considering leaving the euro zone and abandoning Europe's common currency. In a brief statement, the ministry lashed out at the report, calling it...

Ministry of Finance Announces March 4th Debt Collection Deadline

Liability dues totaling 5.8 million Euros are owed by citizens living abroad with real estate property on fair market value territory of 283.8 million Euros. This resulted from cross-examinations made by the General Secretariat of Information Systems of the...

IMF & EU Inspectors in Athens to Review Greek Finances

A delegation of European and International Monetary Fund officials arrived in Athens Thursday to decide on Greece’s eligibility to receive the next installment of its EUR110 billion loan package. The delegation, which includes representatives from the European Commission, the IMF...