Foot-dragging in appointing deputy minister in charge of inflows, tax office heads contributes to missed target Athens’s inability to collect state revenues is becoming one of its economic policy’s weakest points, as income for 2010 looks set to fall short of the annual target by more than 1 billion euros. The government’s delay in appointing a deputy finance minister to head revenue collection services is believed to have partially contributed to state revenues falling short of the mark.
Even though problems had been spotted at the beginning of the year, nothing was done to improve the situation by the country’s political leaders, who only decided to take action during the recent Cabinet reshuffle. Nine months were lost as the government struggled to collect income. After September’s reshuffle, Prime Minister George Papandreou gave Deputy Finance Minister Dimitris Kouselas the task of jolting revenue collection back into action.
The drop in budget income is also due to government delays in appointing heads to tax offices for most of 2010.
News source: Ekathimerini link: article
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