Saturday February 28, 2015 Search
Weather | Athens
11o C
6o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
OECD praises reforms in Greece

 Organization says the effort must continue in sectors such as competition, education, employment

By Sotiris Nikas

Greece is a champion in terms of reforms, but still has a long way to go, a report by the Organization for Economic Cooperation and Development (OECD) suggested on Friday.

The respected organization has found that Greece was the country with the greatest rate of reform promotion for the 2011-12 period among its member states, implementing some of the “toughest” structural changes.

“The rate of reforms was particularly high among eurozone countries either through the financial support programs or due to direct market pressures (e.g. Greece, Ireland, Spain, Italy and Portugal), even in politically sensitive sectors such as labor regulations and welfare systems,” the report read. It added that significant fiscal adjustment programs are undergoing implementation in these countries, unlike other states with higher living standards (such as Switzerland, the US and Norway) where the reform rate has been much slower.

Despite Greece having secured this distinction, the OECD believes that the reform work will have to continue, and goes on to make specific proposals regarding certain domains. It notes that the government’s priorities should be the following:

Strengthening competition, as according to the OECD there can be no further delays in the opening up of closed-shop professions and all obstacles to the liberalization of the electrical energy market should be lifted.

Tax evasion remains extensive in Greece, so system reform constitutes an urgent need. A more transparent system for taxing the self-employed and the strengthening of the tax collection mechanism are also needed.

Weaknesses in the education system are causing problems in increasing productivity, so teaching staff will have to match market developments, and university work must be put under assessment.

Unemployment benefits should turn into employment vouchers.

Cooperation between services within ministries, as well as between the ministries themselves, must be enhanced, while adopting a system of assessment for the performance of civil servants.

ekathimerini.com , Friday February 15, 2013 (22:13)  
Greece seeks negotiations on ECB bond repayment
Piraeus plans are coming in next few weeks
Slowdown in tourism bookings from Germany
Economy grew by 1.3 pct in Q4 of last year
Tsipras unveils coalition´s first bills, due next week
Prime Minister Alexis Tsipras set out on Friday his government’s immediate legislative plans, while at the same time insisting he would continue to pursue debt relief and refuse to sign a th...
Berlin clears extension as lenders ramp up pressure
There was strong backing in the German Parliament on Friday for the extension of Greece’s loan agreement but reports suggested that the country’s eurozone partners would continue to keep up ...
Inside News
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. Greece seeks negotiations on ECB bond repayment
2. Spanoulis leads Olympiakos to win over Malaga
3. Piraeus plans are coming in next few weeks
4. Slowdown in tourism bookings from Germany
5. Economy grew by 1.3 pct in Q4 of last year
6. Gov’t plans tax on foreign-based funds
more news
Today
This Week
1. A unionist agenda
2. Greece seeks negotiations on ECB bond repayment
3. Tsipras reversal draws Greek sympathy as party rumblings rise
4. Gov't official: bill reinstating ERT, rehiring staff to go to Parlt on March 5
5. German lawmakers approve extension of bailout program for Greece
6. German MPs begin debate on extending Greek bailout program
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. Spain said to lead push to hold Greece to terms as Podemos grows
6. A fierce battle looms
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.