Sudden Transfer of State Hospital Reserve Funds to the Bank of Greece

Sudden Transfer of State Hospital Reserve Funds to the Bank of Greece

With fast –track processes, Greek government to collect the reserves of hospital funds and transfer them to the Bank of Greece in order to meet other state needs.

An official document leak reveals that the Greek government ordered an intraday transfer of reserves to the Bank of Greece, based on a decision and a Legislative Act of 2015. As noted in the document, the only excluded funds, are those intended to cover the needs of the hospitals for the next 15 days .

Hospital funds are used to cover basic needs, such as salaries of auxiliary staff, and purchase of medicine and essential supplies.

Click here for the Greek article.

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