The country's municipalities are presenting revenues that are slightly higher than expenditures, according to their own data, which are registered on a database of the Interior ministry.
This data was presented on Tuesday during a joint press conference at the Interior ministry by Interior Minister Yiannis Ragoussis and Finance Minister George Papaconstantinou.

"There are no -apart for certain exceptions- municipalities that are underfinanced," the Interior minister said, providing the final revenues and expenditures figures for local administration bodies.

According to them, the minimum operational costs of municipalities, as a total, is estimated at 3.8 billion euros, while the revenues at 4 billion euros.