Saturday October 25, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Measures to cut energy costs finally in pipeline

 Natural gas rates to drop in order to keep industries alive

By Dimitra Manifava

The government is planning measures that will meet Greek enterprises’ longstanding demand for a reduction in industrial energy costs, particularly natural gas rates, according to announcements made by Development Minister Costis Hatzidakis on Thursday.

The minister made no secret of his concern about the consequences of high energy costs on competitiveness and the export-oriented character of Greek manufacturing: “I am worried about the cost of energy. I want us to be the ministry for industry, with industries,” he said.

The measures will be taken by a new ministerial committee whose function was decided just before Christmas. The committee has not yet been formed, but the plan for it is ready. Hatzidakis attributed the delay in the introduction of the measures to a number of other issues his ministry is currently dealing with, such as the privatization of the Public Gas Corporation (DEPA).

Other interventions by the Development Ministry are set to be implemented sooner. The 2014 plans presented yesterday by Hatzidakis provide for the lifting of regulations in the supply of a series of commodities, set to be announced in the next few days. Hatzidakis said that the vast majority – about 80 percent – of recommendations made by the Organization for Economic Cooperation and Development (OECD) will be adopted.

In the coming weeks the ministry will table a bill concerning the creation of a new state entity for the exports sector, to be named Enterprise Greece and stemming from the merger of the Hellenic Foreign Trade Board with Invest in Greece. The bill is still awaiting the signature of Foreign Minister Evangelos Venizelos. Hatzidakis explained that the deputy prime minister had been unable to ink the bill yet due to his heavy travel schedule.

The new legislative framework about licensing in the manufacturing and logistics sectors will be completed in the first quarter of this year, so that it can apply from the third quarter.

ekathimerini.com , Thursday Jan 16, 2014 (22:53)  
TAIPED waits for green light from Eurostat
Trade deficit shrinks on big drop in imports
SMEs unable to claim subsidies
Taxes kept growing in second quarter
Athens, Nicosia satisfied by EU leaders´ stance toward Ankara
A reference in Friday’s European Council conclusions calling on Turkey to respect Cyprus’s sovereign rights left Athens and Nicosia content with the outcome of the European Union leaders’ su...
Suspended policeman chief suspect in cousin’s murder
A 27-year-old police officer who has been suspended from duty since 2013 for extortion, is being treated as the chief suspect in a murder committed in a suburb of Piraeus on Thursday. Police...
Inside News
BASKETBALL
A win is a win is a win for Olympiakos
A bad Olympiakos defeated a worse Laboral Kutxa 63-57 to make it two out of two in the Euroleague on Friday. In a game where the two teams had an overall field goal rate of about one in thre...
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
Inside Sports
COMMENTARY
End of reason, end of humanity
The effects of a slew of new and increased taxes introduced since the start of the crisis were first observed in the wages of those still fortunate enough to have jobs, who saw their take-ho...
EDITORIAL
Banks need to step up
What has been leaked so far regarding the results of the stress tests on Greece’s lenders, which are due to be published on Sunday, appears positive. Greece needs a healthy, private banking ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. A win is a win is a win for Olympiakos
2. TAIPED waits for green light from Eurostat
3. Trade deficit shrinks on big drop in imports
4. SMEs unable to claim subsidies
5. Taxes kept growing in second quarter
6. Thessaloniki Port expects 2014 to be record year
more news
Today
This Week
1. End of reason, end of humanity
2. Banks need to step up
3. Woman killed in tram accident in Floisvo, south of Athens
4. Clocks to go back 1 hour on Sunday
5. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
6. ECB vies for third time lucky in European stress tests
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greece’s closed society is central to its current malaise
3. Greece must stick to reforms, says Schaeuble
4. At least 11 banks to fail European stress tests, three in Greece, report says
5. Cyprus to block Turkey's EU talks after EEZ violation
6. Stop moaning and get in the game
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.