Friday May 29, 2015 Search
Weather | Athens
14o C
09o 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)  
Schaueble plays down positive reports from Athens
Greek bank deposits fall to lowest in more than a decade
Next Greek aid program isn’t on table yet, says Moscovici
Hoteliers seek VAT solutions
Greece mixes messages on expectations for deal
Greece said Friday that the deadline for reaching an accord to release much-needed bailout funds was the end of June, despite officials raising hopes of a deal being imminent as it flirts wi...
Some blame EU Commission for Greek obstinacy in debt talks
Damned if you do, damned if you don't. Some eurozone countries are accusing the European Commission of giving Greece false hope of new loans for less reform effort, but they still want Bruss...
Inside News
SOCCER
Panathinaikos conquers PAOK through Tavlaridis goal
A Stathis Tavlaridis goal has brought Panathinaikos to practically within one point from clinching a spot in next season’s Champions League qualifiers, as the Greens made it three out of thr...
SOCCER
AEK Athens returns to top league after financial collapse
Greek club AEK Athens has just returned to the country's top soccer league, two years after financial collapse sent it to a lower league. One of the country's largest clubs, AEK sealed its s...
Inside Sports
INTERVIEW
The eurozone’s ‘ambiguous’ architecture
“That’s not something you’re supposed to say in public, right?” In his humble way, Thomas Sargent, Nobel Prize winner in Economics, tries to avoid the question posed to him by Kathimerini re...
COMMENTARY
Only Greece can end its miserable ´Groundhog Day´
In the film "Groundhog Day," Bill Murray is condemned to relive the same 24 hours on an endless loop. The happy ending (he gets the girl) only comes when he changes his destiny by becoming a...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece mixes messages on expectations for deal
2. Schaueble plays down positive reports from Athens
3. Greek bank deposits fall to lowest in more than a decade
4. Some blame EU Commission for Greek obstinacy in debt talks
5. 12 Russians injured in lightning strike at ruins on Crete
6. Next Greek aid program isn’t on table yet, says Moscovici
more news
Today
This Week
1. Greece creditors say no deal near as G-7 frustration vented
2. Only Greece can end its miserable 'Groundhog Day'
3. Next Greek aid program isn’t on table yet, says Moscovici
4. 12 Russians injured in lightning strike at ruins on Crete
5. Some blame EU Commission for Greek obstinacy in debt talks
6. The eurozone’s ‘ambiguous’ architecture
Today
This Week
1. Hotel contracts with a ‘Greek default clause’
2. Some 300 mln left banks on Tuesday
3. Neither Grexit nor a dual currency will solve Greece’s problems
4. No more 'quick and dirty' fixes for Greece
5. Romantic notions meet reality
6. Tsipras faces down radicals within SYRIZA over terms of deal
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.