Greece
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State

Greek State to Subsidize Ferry Routes to Islands To Keep Connection Alive

Greece's Ministries of Shipping, Finance, and Growth announced recently that the state will subsidize all ferry connections between the country's mainland and its islands, in order to keep the minimum amount of cohesion across the country, despite the coronavirus...

Report Shows Greece's January-July Primary Surplus Surprisingly High

According to a report issued on Friday by Greece's Finance Ministry, the Greek state budget recorded a primary surplus of €1.779 billion in the period from January-July. This is a large increase over a primary deficit budget target of €803...

Greek Tax Inspectors Discover Widespread Violations for Month of June

AADE, the Greek Public Revenue Authority, disclosed some interesting information on Thursday about the magnitude of tax evasion and tax violations in its cities and on the major Greek islands for the month of June. The AADE and other Greek...

New Electronic System Expected to Save Greek Public Sector Hundreds of Millions

Greece's new ''Electronic Document Transfer System,'' the bill for which was signed by government ministers on Friday, is expected to save the Greek state at least €380 million in expenses annually. It is believed that the new, breakthrough system will...

Greek Orthodox Church Synod Rejects Deal to Cut Church and State Ties

The Holy Synod of the Church of Greece on Tuesday rejected the deal which had been worked out between Archbishop Ieronymos and Greek Prime Minister Alexis Tsipras in November of 2018. The agreement between the two men had included the...

Orthodox Clergy Oppose Agreement Between Church and State

Senior members of the Greek Orthodox Church expressed their opposition to the historic agreement between Prime Minister Alexis Tsipras and Archbishop of Athens and All Greece Ieronymos to remove some 10,000 priests and auxiliary staff from the state payroll. The agreement, reached...

Eurobank Snaps Up 14 State Properties

Eurobank Properties R.E.I.C.  has announced its acquisition of 14 properties from the Hellenic Republic Asset Development Fund. The bank will lease the buildings, which include various ministries, back to the Hellenic Republic for 20 years, it said May 12. The...