The troika put pressure on the Development Ministry on Tuesday to battle price rises by moving ahead with market liberalization and improving conditions for competition. It also expressed disagreement with plans for the creation of Special Economic Zones (SEZ).
The representatives of the European Commission, the European Central Bank and the International Monetary Fund raised the issue of lifting barriers to entering a series of industries, such as retail commerce and fuel trading, during their talks with top ministry officials. In response, the ministry said it would turn to the so-called Competition Assessment Toolkit provided by the Organization for Economic Cooperation and Development, and has asked employers and consumer groups to identify the market distortions they face by the end of September.
A high-level ministry official said responses of the troika, and particularly the IMF, ranged from reserved to negative regarding the SEZ plan for special labor and tax status in specific areas of the country. That may entail a redrafting of the plan.
Twho people have been arrested in Mani in the Peloponnese for allegedly growing cannabis plants.
Police on Saturday arrested a 73-year-old American woman and a 48-year-old man from Poland af...
A forest fire in the Aghia Triada area on the island of Hydra has been brought under control with firefighting planes, authorities said on Saturday.
The fire, which broke out on Friday, spre...
Olympiakos will face AGO Rethymnou and Panathinaikos will measure up against Panionios in the semifinals of the Greek basketball league, as the quarterfinals of the playoffs saw AGOR upset P...
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
While the country waits for an influx of major investment that is expected to create new jobs in the distant future, it is absolutely vital to bolster small to medium-sized companies as fast...
Greek police officers are doing a fine job despite considerable cuts in their salaries coupled by major shortages in equipment and infrastructure.
Through their behavior and professionalism,...
