State
Economy
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...
Economy
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...
Business
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...
Business
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...
Greece
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...
Greece
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...
Economy
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...