Public Sector Accounting and Accountability in Greece: A Discussion

Abstract

Publiuc sector accounting and accountability have strong origins in Ancient Greece in the framework of the democracy of Athens and the foreign aid later on.The organs of public accounting-management are stereotyped but transparency is still an open question.After the recommendations made by International Organizations(IMF,OECD,etc.) and European Institutions(EU,ECB) many changes/innovations are on the way to restore confidence to citizens,the european partners and the international markets in an effort to get financing or restructure the terms of the very high national debt.