Tuesday September 2, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
ELSTAT responds to claims of unreliable statistics

In response to recent reports in the media claiming that unreliable statistics were published by the Hellenic Statistical Authority, ELSTAT and Eurostat, regarding Greeces annual fiscal figures for 2013 as these showed surpluses in social security funds and local government, the former sought to clarify matters in a statement released on Wednesday.

In 2013 there were transfers of 4.2 billion euro and 0.7 billion euro from the subsector of Central Government to the subsector of Social Security Funds and to the subsector of Local Government, respectively, so that these two subsectors could clear arrears they had built up in previous years, the statement read. The transfers between the government subsectors increased the expenditures and thus the deficit of Central Government. By the same token, there was an increase in the revenues of the Social Security Funds and Local Government subsectors, and a reduction of their deficits (generation of surpluses). There was no effect on the overall deficit of the General Government. The incurring of the relevant arrears had affected the overall deficit in previous years (mostly 2011 and 2012), given that accrual accounting is applied according to European and international national accounts rules.

The agency said it regretted the fact that analysts publishing the mistaken conclusions about unreliable statistics did not take the time to pose their question to ELSTAT if they could not understand the matter at hand but proceeded to erroneous analyses, and even jumped to the irresponsible conclusion that this was another case of the old Greek statistics and urged its data users to address questions and queries to its staff.

ekathimerini.com , Wednesday April 30, 2014 (17:07)  
Bank of Cyprus expects to relist on Nicosia, Athens exchanges
Bank concerns lead to fresh losses on bourse
Greece needs private debt overhaul, Piraeus Bank CEO says
Cheap energy pulls down eurozone producer prices in July
Navys Prometheus brings doctors to remote Aegean islands
Naval support ship Prometheus will be touring the Dodecannese in the eastern Aegean from September 3-11 in order to provide residents of remote islands with primary healthcare, the Hellenic ...
Police seeks identity of woman injured in Thessaloniki hit-and-run
Police on Tuesday appealed to the public for help in identifying a woman who was hit by a motorcycle and left suffering serious injuries in Thessaloniki in August. The accident occurred on t...
Inside News
Grateful Saviola thanks Olympiakos, joins Verona
Former Argentina international Javier Saviola has thanked Greek champions Olympiakos for the "beautiful moments" during his season-long stint in Greece as he left the club to join Serie A ou...
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
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. Bank of Cyprus expects to relist on Nicosia, Athens exchanges
2. Bank concerns lead to fresh losses on bourse
3. Navys Prometheus brings doctors to remote Aegean islands
4. Grateful Saviola thanks Olympiakos, joins Verona
5. Police seeks identity of woman injured in Thessaloniki hit-and-run
6. Armed robbers hold up post office in Thessaloniki
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
4. New committee formed to assess progress of deregulation in closed-shop professions
5. Moderating expectations
6. Trial over 2013 murder of pawn merchant starts in Athens
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.