Tuesday September 2, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greek EU presidency to be cheapest ever?

A worker cleans luxury vehicles parked outside Zappeio Hall ahead of the official ceremony inaugurating Greeces presidency of the European Union in January.

Greeces six-month presidency of the European Union, which is set to end on June 30, is likely to be the least costly on record, according to sources at the Foreign Ministry who indicated that less than half of the 50 million euros earmarked for the presidency by former Finance Minister Yannis Stournaras have been spent so far.

The total expenses are not expected to exceed 25 million euros and are more likely to fall between the 18- and 20-million-euro mark, the sources said, noting that the remaining amount will be returned to the coffers of the Finance Ministry. Although the sum is relatively small, it will be a symbolic indication that the Greek state is capable of avoiding wasteful spending.

The amount Greece has spent during the presidency is significantly lower than the 65 million euros spent by Cyprus in the second half of 2012 and the 95 million euros spent by Poland in the second half of 2011.

Foreign Ministry staff who have worked overtime over the past few months organizing the events staged as part of Greeces presidency commitments did not receive additional pay, Kathimerini understands, while the contribution of sponsors and the decision to stage the bulk of the events at the state-owned Zappeio Hall, rather than renting out private spaces, helped rein in costs, sources said.

ekathimerini.com , Thursday June 19, 2014 (20:46)  
Education minister calls for probe into predecessors reform plan
Anti-racism bill goes back to Parliament
Athens condemns Erdogan comments about Cyprus
Government tries to lower hopes ahead of Paris talks
Tourism targets rise ever higher
The latest data have allowed the Hellenic Association of Tourism Enterprises (SETE) to raise its target for tourism arrivals and revenues this year higher still. During a meeting with main o...
Horse race betting hurdle removed for OPAP
The new tender for the concession of the right to organize and operate wagering on horse races in Greece for the next 20 years will include a number of changes in its terms, despite assuranc...
Inside Business
BASKETBALL
Greek hoopsters go top of their group in World Cup
Greece has qualified to the second round of the FIBA World Cup after going top of its group of six through a third win in as many group games in Spain. On Monday it beat Puerto Rico 90-79 in...
SOCCER
Fulham striker Mitroglou set to re-join Olympiakos
Greek champions Olympiakos Piraeus are set to re-sign Kostas Mitroglou on loan from English second tier club Fulham after the striker arrived in Athens for talks on Sunday. An Olympiakos spo...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the peoples favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek hoopsters go top of their group in World Cup
2. Tourism targets rise ever higher
3. Horse race betting hurdle removed for OPAP
4. Revised GDP data confirm that Greek growth is near
5. Measures to reduce unemployment
6. Peachy export data despite Russian embargo
more news
Today
This Week
1. Politicized archaeology
2. Moderating expectations
3. Excavation work at Amphipolis reveals section of marble mosaic floor
4. A great president
5. Erdogan visits Turkish-occupied Cyprus
6. Greek economy shrinks at slowest pace since late 2008
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Attack on gay couple in Athens leaves one man needing surgery
4. Strong undersea quake occurs off island of Milos, felt in Athens
5. Greek quest for debt relief faces hurdles in Paris
6. Hardouvelis, ECB executive discuss bank program, stress tests
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.