Municipalities of Gortyna, Salamina declare bankruptcy

2 January 2016
336 Views

The Municipality of Gortyna in the Cretan prefecture of Iraklio has declared bankruptcy and is to enter a “reform program” that comprises a redoubling of efforts to collect outstanding debts to local authorities while freezing staff recruitments.

The decision to put Gortyna into the special program was taken by Deputy Interior Minister Yiannis Balafas.

It followed the induction of the Municipality of Salamina, an island off the coast of Piraeus, into the same program last month.

In both cases, municipal authorities will be prohibited from hiring staff while the program also foresees an increase in property taxes at the higher end of the scale.

You may be interested

Lotto results: 17/11/2018
GREECE
shares25 views
GREECE
shares25 views

Lotto results: 17/11/2018

Panos - Nov 17, 2018

The winning numbers from the Lotto draw are as follows:

Syriza MPs attacked during the 17th November Polytechnic celebrations (video)
GREECE
shares49 views
GREECE
shares49 views

Syriza MPs attacked during the 17th November Polytechnic celebrations (video)

makis - Nov 16, 2018

A delegation of SYRIZA MPs that went to lay a wreath in honour of the “17th November Polytechnic” celebration was…

Greek Church Hierarchy rejects Tsipras-Ieronymos plan on clergy payment regime
GREECE
shares42 views
GREECE
shares42 views

Greek Church Hierarchy rejects Tsipras-Ieronymos plan on clergy payment regime

makis - Nov 16, 2018

The prelacy of the Greek Orthodox Church rejected the draft agreement between Greek PM Alexis Tsipras and Archbishop of Athens…

Leave a Comment

Your email address will not be published.