Tuesday April 28, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Minister heralds crackdown on prices, cartels

Development Minister Costis Hatzidakis on Friday expressed the government's commitment to breaking up cartels and lowering prices, noting that a series of measures set out in a report by the Organization for Economic Cooperation and Development (OECD) would boost competition and social policy.

In comments to Skai radio, Hatzidakis said his aim was to reduce prices of daily staples to enable crisis-hit households to make ends meet. This would be the government's most essential social policy, he said.

Dozens of policy recommendations for lifting restrictions to competition are set out in the OECD report, which troika officials have pressed the government to enforce. Hatzidakis described the OECD'S toolkit as a way of tackling legalized cartels.

The minister highlighted milk prices in particular, noting that Greece has the third highest price for this staple in Europe and noting that the existing system of production and distribution puts pressure on the cost which raises the price."

He estimated that milk prices could be reduced by up to 20 percent through the implementation of the OECD's proposed measures.

Prescription medicines are another problem area, he said, noting that prices in Greece are 27.6 percent higher than in European Union member states that have deprived pharmacies of the exclusive right to sell the drugs.

ekathimerini.com , Friday Jan 31, 2014 (13:35)  
Discreet Tsakalotos tapped to salvage troubled Greek loan talks
Greece to offer taxpayers a deal to get money back home
Greek shares outperform amid bailout deal hopes
Cyprus central bank head says ready to act if Greece spills over
Greek, Turkish Cypriot leaders to kick start peace talks
Greek Cypriots unveiled measures on Tuesday to boost trust across the ethnically divided island, and announced that rival leaders would hold their first meeting in months on May 2. Peace tal...
EU lawmakers demand migrant burden be shared
EU lawmakers on Tuesday demanded the bloc share the burden of accepting asylum seekers as the pressure on southern European countries from migrants crossing the Mediterranean showed no sign ...
Inside News
BASKETBALL
Rethymno defeats in-form AEK on Crete
AGO Rethymnou put an end to a positive string of results for in-form AEK, while PAOK survived a strong challenge by Kolossos Rhodes in Thessaloniki in yet another exciting weekend of basketb...
SOCCER
Panathinaikos beats Xanthi to rise to second
Panathinaikos jumped back up to the second spot of the Super League after its home win over Xanthi on Saturday, as PAOK slumped to third due to its draw at home with PAS Giannina on Sunday. ...
Inside Sports
COMMENTARY
The Good, the Bad and the Ugly
It is so exhausting and unpleasant for average Greek citizens to keep hearing for weeks now that the countrys cash reserves will run out in two months, one month, next week, and especially ...
EDITORIAL
Better late than never
Three precious months were lost in the governments negotiations with the countrys international partners and creditors, as some of its officials wasted time on their own self-promotion, ha...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek, Turkish Cypriot leaders to kick start peace talks
2. Discreet Tsakalotos tapped to salvage troubled Greek loan talks
3. Greece to offer taxpayers a deal to get money back home
4. EU lawmakers demand migrant burden be shared
5. Dijsselbloem says Greece will not make it without aid
6. Railway workers join ferry staff in Labor Day strike
more news
Today
This Week
1. The Good, the Bad and the Ugly
2. Creditors to demand extra measures of 3 bln euros
3. Plan on the cards for flat VAT rate of 18 pct
4. Greek PM says people may have to rule on creditor deal [Update]
5. Greek PM says initial deal in bailout talks 'very close'
6. No trolley buses from 11 a.m. to 4 p.m.
Today
This Week
1. Greek government's popularity takes a hit as talks drag on
2. Denialism
3. Europe's collision course with Greece
4. It's up to the Greek government to ensure deal with lenders, says ECB's Coeure
5. Leaving the past in the past
6. Greeces day of reckoning inches closer as debt payments loom
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.