Organization Costs of the Greek Presidency of the Council of the European Union  

A total of € 50 million has been earmarked for costs related to the organization of the Presidency of the Council of the European Union, in the course of fiscal years 2013 and 2014. The actual funds made available in the budget of the Office of the Hellenic Presidency reached €44.7 million. The budget covers all costs associated with the Office of the Hellenic Presidency, either in the form of directly accrued costs, or in the form of contributions to Presidency-related activities of other Ministries.    

Distribution of expenditures for the organization of the Greek Presidency of the Council of the European Union (Interim Report 30/5/2014)

Costs include official travel and secondment of staff to Brussels for the duration of the Greek Presidency, accommodation and hosting of visiting delegations in Athens, organization of cultural events, remuneration of temporary staff on fixed contracts, interpretation, accreditation, rent of premises/offices, postage fees, telecommunication, transportation expenses, publications and printing, office supplies and IT related expenditures. 

Sponsorship Programme of the Greek Presidency

A part of costs is covered through the sponsorship programme of the Greek Presidency, in which 25 companies participate. It is estimated that the total value of the sponsorship programme, exclusively in the form of goods and services, will eventually reach € 2.5 million.
By the end of the Greek Presidency, a total of 160 events will have been organized in Greece, most of them in Athens, while visiting delegations are expected to generate 12,500 overnight stays. This, combined with additional cultural events organized by Greek diplomatic missions abroad, is expected to have a positive impact on Greek tourism and Greece’s image across the world.  
A final, detailed financial overview will be presented following the conclusion of the Greek Presidency semester.