Thursday , July 25 2024
Home / Tag Archives: state

Tag Archives: state

Greece expenditure: More for Defense & Public Order, less for Health & Education

Greece expenditure has shown that Health and Education are not priority for the government. The country’s Defense spending is almost double the EU average. The evidence points to a policy that places greater emphasis on external and internal security, the latest study by ENA Institute for Alternative Policies has shown. …

Read More »

Preliminary 2024 state budget foresees 2.1% primary surplus

The draft state budget for 2024 will be tabled in the Greek Parliament on Monday, with a forecast for a 2.1% primary surplus on GDP for 2024 and a possible primary surplus of 0.7% for 2023, despite the natural catastrophes the country faced. Essentially, the budget reflects the Greek economy’s …

Read More »

State subsidies for electricity bills in August

Τhe Ministry of Environment and Energy announced on Tuesday that it will continue to support electricity consumers in August with a total amount of 19 million euros. The subsidies for electricity in household tariffs and for all main and non-main residence services, without income criteria and regardless of provider, are …

Read More »

Epic Fail: Athens Mayor seeks to excavate “Plato ‘s State”

“Archaeological excavations are being carried out because underneath we have an entire state, the state of Plato, which we have covered,” Mayor of Athens, Kostas Bakoyannis said about the redevelopment in the district of the Greek capital Plato Academy. Instead of going to a bookstore or even do a google …

Read More »

Platform for payment of outstanding debts in 72-120 installments opens

The Independent Authority for Public Revenues (AADE) is launching an online platform on Friday, April 7, 202, for the payment of outstanding debts to tax offices and insurance funds. The measures concerns all those who either lost the old arrangements for settling tax and insurance debts in 72 to 120 …

Read More »

Greek state appeals Mati fire compensation for victims

The state has lodged an appeal against the only, so far, court decision awarding compensation to relatives of victims of the deadly fire in Mati, East Attica, in 2018. In December 2022, the court awarded 300,000 euros to five relatives of a 77-year-old woman from Neos Voutzas who burned to …

Read More »

ND MP resigns over misuse of state money to help his business

New Democracy MP for Fthiotida, Central Greece, Themis Himaras, resigned as a parliamentary deputy on Wednesday following reports he misused state money for the benefit of his business, in violation of the Constitution. Article 57 of the Constitution of Greece is clear about the business activities of a member of …

Read More »

PPC announces €750-million share capital increase plan; state to decrease participation

Greece’s Public Power Corporation is expected to complete a share capital increase plan worth around 750 million euros by early November, following a decision reached by its board on Thursday. At the same, time, it looks as if the state participation will decrease by 17%. Final approval to the plan …

Read More »

State to pay also salaries for non-clergy staff working at Church facilities

The Greek state will come up for the cost of non-cleric personnel working at facilities of the Church of Greece, the Holy Synod revealed on Tuesday. What is interesting is that news came from the Holy Synod and not from the government or the conservative Prime Minister’s office who was …

Read More »

BoG: Greek state’s cash reserves stood at €34.5 billion in December 2020

The Greek state’s cash reserves stood at 34.5 billion euros at the end of 2020, according to the Bank of Greece balance sheet released on Monday. The general government’s deposits in the Bank of Greece stood at 24.1 billion euros in December, from 29.1 billion in October, 28.2 billion in …

Read More »

“Pruning trees”: PM Mitsotakis to legislate on state agencies responsibilities

Prime Minister Kyriakos Mitsotakis announced a plan for new legislation that will clearly define the responsibilities of all state bodies at every level after agencies and authorities blamed each other for the ongoing poweroutages in capital Athens due to fallen trees during the snow weather.. At the same time, the …

Read More »

Greek state budget deficit 2020 at €22.8bn; lower than expected, says Finance Ministry

Greek state budget recorded a lower than expected deficit in 2020 offering a breathe as the ministry tries to implement its fiscal policy in 2021, the Greek Finance Ministry said on Monday. A report said the budget deficit totaled 22.808 billion euros in 2020, down 1.5 billion from budget provisions. …

Read More »

Greece’s state injection of 120-million-euros to Aegean Airlines

The Greek government will support Aegean Airlines with 120 million euros to help the private company come through the effects of the pandemic, the government spokesman announced on Monday. Greek government spokesman Stelios Petsas announced on Monday during his usual press briefing that the government would soon be awarding 120 …

Read More »

Greece’s state budget records €6.1billion primary deficit in H1 2020

The Greek state budget recorded a primary deficit of 6.101 billion euros in the first half of 2020, from a budget target for a primary surplus of 313 million euros and after a primary surplus of 381 million in the corresponding period in 2019, the finance ministry said on Monday. …

Read More »

Gov’t hazing to businesses: They’ll have to make public they received lockdown aid

The Greek government hazes self-employed, freelancers and sole proprietors receiving state aid for suspending business operation due to coronavirus. They will be obliged to post in front of their business or upload on their website a notice that they have received the state aid! This was decided with a Joint …

Read More »