34 of 37 scored fields populated.
Higher = stronger statutory transparency requirements.
Greece's national fiscal transparency framework was fundamentally reformed by Nomos 4270/2014 (ΦΕΚ 143/Α/2014) — the Fiscal Management and Oversight Act (Αρχές Δημοσιονομικής Διαχείρισης) — enacted as a condition of EU/IMF programme conditionality following the 2010 sovereign debt crisis. Key L.4270/2014 provisions: Art. 4 (medium-term fiscal framework/MTFS — Μεσοπρόθεσμο Πλαίσιο Δημοσιονομικής Στρατηγικής, three-year rolling capital plans); Arts. 18–26 (debt management framework); Arts. 31–35 (monthly budget execution reports — μηνιαία αποτελέσματα εκτέλεσης προϋπολογισμού); Art. 33 (contingent liability disclosure in MTFS risk assessment). The Elegktiko Synedrio (Συνέδριο, Const. Art. 98) is the constitutionally mandated SAI with financial and performance audit scope under L.4820/2021. The HAI (Hellenic Fiscal Council / Δημοσιονομικό Συμβούλιο under L.4270/2014) is Greece's IFI and EU IFI Network member. Nomos 3861/2010 (DIAVGEIA/Clarity program) mandates online publication of all government decisions including expenditure authorizations — a distinctive Greek transparency mechanism. L.4412/2016 (updated L.4971/2022) transposes EU Dir 2014/24/EU (procurement); L.4990/2022 transposes EU Dir 2019/1937 (whistleblower). Greece is a Eurozone member subject to EU Two-Pack (Regulation 473/2013): interim_reporting_frequency = 'monthly'; expenditure_frequency = 'monthly'. Budget submitted by October 1 = 92 days (Const. Art. 79). Currency: EUR; fiscal year: calendar year.
Transparency Requirements
Budget Publicationmax 12 pts
| Budget publication required |
✓ Yes
|
| Budget published online |
✓ Yes
|
| Budget publication timeline |
92 days before fiscal year
|
| Machine-readable budget format |
No
|
| Draft budget required before adoption |
✓ Yes
|
Expenditure Disclosuremax 12 pts
| Expenditure disclosure required |
✓ Yes
|
| Expenditure granularity |
department
|
| Public expenditure portal required |
✓ Yes
|
| Expenditure reporting frequency |
monthly
|
Independent Auditmax 12 pts
| Audit required |
✓ Yes
|
| Auditor independent of entity |
✓ Yes
|
| Auditor selection method |
appointed independent
|
| Audit frequency |
annual
|
| Audit reports public |
✓ Yes
|
| Audit scope |
financial performance
|
Contract & Procurementmax 10 pts
| Public bidding required |
✓ Yes
|
| Public bidding threshold |
140,000
EUR
|
| Contract publication required |
✓ Yes
|
| Bid award disclosure |
✓ Yes
|
| Beneficial ownership disclosure |
No
|
Debt & Liability Disclosuremax 10 pts
| Debt disclosure required |
✓ Yes
|
| Pension liability disclosure |
—
|
| Contingent liability disclosure |
✓ Yes
|
| Voter approval required for new debt |
No
|
Fiscal Reporting Frequencymax 10 pts
| Interim reporting required |
✓ Yes
|
| Interim reporting frequency |
monthly
|
| Year-end report deadline |
180 days after fiscal year
|
| Citizens budget required |
No
|
Enforcement & Oversightmax 10 pts
| Non-compliance penalties |
✓ Yes
|
| Fiscal oversight body |
✓ Yes
|
| Whistleblower protections |
✓ Yes
|
| Legislative budget office |
✓ Yes
|
Revenue & Tax Transparencymax 8 pts
| Tax expenditure reporting |
—
|
| Revenue forecasting required |
✓ Yes
|
| Tax rate publication |
✓ Yes
|
| Fee schedule publication |
No
|
Compensation & Payrollmax 8 pts
| Salary disclosure required |
No
|
| Salary disclosure scope |
—
|
| Pension benefit disclosure |
—
|
| Overtime reporting |
No
|
Capital & Asset Disclosuremax 8 pts
| Capital plan required |
✓ Yes
|
| Asset inventory required |
✓ Yes
|
| Surplus asset disposal transparency |
No
|
All Fiscal Transparency Laws
