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Tuesday July 13, 2004 - Archive

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13/07/2004

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Market liberalization The great upheaval in the market caused by the rise in petrol prices has subsided. After the Olympic Games, when gratuitous price hikes and widespread profiteering will have eased off, the time will be right for introducing measures to liberalize the market and to abolish anachronistic restrictions which are hampering economic activity. Sources say that Deputy Development Minister Yiannis Papathanassiou is examining the whole spectrum of restrictions stifling the Greek market - ranging from major issues such as store opening hours and the determination of prices, to more specific matters affecting individual sectors, where certain embargoes thrive despite being absurd and outdated.

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