Sunday March 1, 2015 Search
Weather | Athens
11o C
6o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece has long list of bailout actions still pending

Greece is behind in the implementation of 153 actions demanded by its lenders, according to a timetable compiled by the Finance Ministry, Kathimerini has learned.

Of the outstanding actions, 57 are the responsibility of the Finance Ministry, 17 fall to the Development Ministry, another 17 to the Labor Ministry and eight to the Administrative Reform Ministry. The rest are divided among other ministries.

Among the Finance Ministry’s key tasks is to scrap third-party levies. It has sent a proposal on this to the troika and is waiting for a response. For the Development Ministry, one of the main goals is to implement the Organization for Economic Cooperation and Development’s (OECD) proposals for removing barriers to competition, also known as the tool-kit. The Administrative Reform Ministry still has 12,500 civil servants to place in a mobility scheme. More than 7,000 of these will come from positions being scrapped at healthcare provider EOPYY. For the Labor Ministry, reducing social security contributions and changing regulations on mass dismissals are among the outstanding items.

A number of the actions have yet to be completed as the government remains in discussions with the troika about the measures. Inspectors are expected to return to Athens later this month but a date has not yet been fixed.

Greece has proposed adopting about 80 percent of the OECD’s competition-enhancing proposals and is waiting for a response from its lenders. The OECD has identified 555 regulatory restrictions which it says undermine competition and cost just over 5 billion euros. It made 329 recommendations on legal provisions that should be amended or repealed.

OECD official Anna Thiemann, who was the project manager for the organization’s competition assessment review in Greece, told Sunday’s Kathimerini that Greeks would be able to see the positive effect of the interventions within five years.

She rejected claims that the sale of over-the-counter medicines in supermarkets would threaten the role of pharmacies, saying they would still have a “vital role” to play in selling prescription medicines and providing customers with medical advice. Thiemann admitted, though, that extending the shelf life of fresh milk from the current five days would result in some small farms having to pool resources or being bought out by competitors.

“In a competitive market there are winners and losers,” she said. “This is natural and positive. Efficiency will only improve if you let the inefficient companies fail. Greece needs its industry to become efficient and competitive.”

ekathimerini.com , Saturday February 1, 2014 (18:30)  
Greece´s lenders skeptical on new bills but focus on funding needs
Lenders to be consulted over collective bargaining
Alleged accomplices of N17´s Xeros caught in Athens
Hellas Gold and workers react to Greek gov´t decision on plan permit
Schaeuble softens tone, says Greece ´needs time´
German Finance Minister Wolfgang Schaeuble said Sunday Greece's new government needs «a bit of time» but is committed to implementing necessary reforms to resolve its debt crisis. "The new G...
Greece to prioritize IMF repayments but wants talks on ECB-held bonds, says Varoufakis
Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are «in a different league» and will n...
Inside Business
BASKETBALL
Spanoulis leads Olympiakos to win over Malaga
A good second half was enough for Olympiakos to get the better of Unicaja Malaga (77-72) and score its seventh win in eight games at the second group stage of the Euroleague on Friday. Playi...
SOCCER
Ten-man Olympiakos couldn´t overcome Dnipro
Olympiakos drew 2-2 with Dnipro from Ukraine at home on Thursday, playing almost the entire second half with a man down, to bow out of the Europa League, despite facing an opponent which on ...
Inside Sports
COMMENTARY
A unionist agenda
Maybe Greece will not experience a credit event, “because it is in no one’s interest,” as Minister of State for Coordinating Government Operations Alekos Flambouraris recently assured. Maybe...
EDITORIAL
The beguiling limelight
Too much media exposure is never a good thing and there is no shortage of newcomers in politics who are beguiled by the limelight. What usually comes after this thrall of publicity is the in...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Schaeuble softens tone, says Greece ´needs time´
2. Greece to prioritize IMF repayments but wants talks on ECB-held bonds, says Varoufakis
3. Greece´s lenders skeptical on new bills but focus on funding needs
4. Lenders to be consulted over collective bargaining
5. Alleged accomplices of N17´s Xeros caught in Athens
6. Hellas Gold and workers react to Greek gov´t decision on plan permit
more news
Today
This Week
1. Greece's lenders skeptical on new bills but focus on funding needs
2. Greece to prioritize IMF repayments but wants talks on ECB-held bonds, says Varoufakis
3. Schaeuble softens tone, says Greece 'needs time'
4. Lenders to be consulted over collective bargaining
5. Greece seeks negotiations on ECB bond repayment
6. Spain, Portugal sought to trip up gov’t, Tsipras says
Today
This Week
1. Time for Alexis Tsipras to keep his nerve
2. Greek bailout deal faces review by euro officials next week
3. Greece says eurozone deal won time as cash bled from banks
4. The ignorance of the West about the culture of Islam
5. A fierce battle looms
6. Spain said to lead push to hold Greece to terms as Podemos grows
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.