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Athens News Agency: News in English, 07-11-20

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] 2008 budget to be tabled in parliament on Tuesday afternoon

  • [01] 2008 budget to be tabled in parliament on Tuesday afternoon

    Prime minister Costas Karamanlis will chair a meeting of the Inner Cabinet in the early afternoon to discuss the 2008 state budget, which will be tabled in parliament later by national economy and finance minister George Alogoskoufis, after which he will give a press conference presenting the budget in detail.

    Karamanlis also chaired an Inner Cabinet meeting earlier in the day on issues falling under the competency of the interior ministry, after which he will confer with foreign minister Dora Bakoyannis.

    The new budget foresees a reduction in the general state deficit in 2008 against 2007, which will result from a containment of expenditures in tandem with an increase in revenues.

    The increase in revenues is expected to arise from a containment of tax evasion and confrontation of illicit trade in the fuel sector.

    The new budget will also incorporate the revenues to arise from the implementation of the Uniform Real Estate Tax, which will enter into effect as of 2008.

    Caption: ANA-MPA file photo of prime minister Costas Karamanlis (r) with national economy and finance minister George Alogoskoufis.


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