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Government To Publish A List of “Undisciplined” Entities

Greek government plans to deal with public enterprises that do not send financial reports, by publishing a list of them.
The Finance Ministry faces multiple problems. Measures worth €1.74b, caused by the deviation of 2011 figures have been added to the €22b medium-term package of measures, which was sent to IMF/EU/ECB on Thursday.
Late Thursday, after everduring negotiations with the Treasury, Hellenic Statistical Authority (ESTAT) sent the deficit figures for 2010 that appear to reach or even exceed 10% of GDP (from 9.4%).
However, data are still provisional and government’s conflict with the now independent ELSTAT and EU authorities is expected to continue until late April, when Eurostat will proceed with official announcements.
Government’s main headache is 2011 gap, which was estimated at €1.74b by troika. Greece was required to cover it within a quarter. But, revenues are lower than expected, while public entities still don’t send financial reports.
Sources note that Finance Ministry proceeds with the formation of a list of the public, enterprises, funds, hospitals, universities and municipalities that didn’t report their arrears and expenditure for February.
The same sources reveal that after the pressure that has been put on the qualified persons during last week, many of these entities finally obeyed instructions.

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