Thursday April 24, 2014 Search
Weather | Athens
21o C
15o 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)  
Benchmark up thanks to late blue chip rally
PPC to sell 500 mln euros of 3- and 5-year bonds
Greeces NBG launches 5-year bond to raise up to 750 mln euros
Samaras meeting with Dimon key to Greek return to bond markets
Greek judges decided to extend GD leaders detention
Nikos Michaloliakos, leader of the neofascist Golden Dawn party who has been in custody pending trial for setting up a criminal organization since late September, is to remain in Korydallos ...
Greek doctors asked for clarifications over costly prescriptions
One hundred doctors who worked with the now defunct healthcare provider EOPYY have been asked to justify the number of prescriptions they issued, it emerged on Thursday. The Health Ministry ...
Inside News
SOCCER
4,000 officers to police Greek Cup final
Police says it will ban mass gatherings in central Athens amid heavy security measures planned for Saturday's Greek Cup final between Panathinaikos and PAOK at the Olympic Stadium. More than...
BASKETBALL
Never underestimate the Greek hoopsters
Olympiakos and Panathinaikos, who between them have won the last three European crowns, won again at home on Wednesday to take their Euroleague play-off series with Real Madrid and CSKA Mosc...
Inside Sports
COMMENTARY
Putting the party above the country
The case of Sabiha Suleiman, the Roma activist whose candidacy for the European Parliament was announced by SYRIZA only to be withdrawn shortly afterward, is an illustration of the leftist o...
EDITORIAL
Strong card in debt talks
Achieving a primary surplus and having it confirmed by the European statistical agency, Eurostat, is a significant success for Greece. There is no doubt that it came at a heavy price for a l...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek judges decided to extend GD leaders detention
2. Greek doctors asked for clarifications over costly prescriptions
3. Police defend neo-Nazi MPs presence at Easter service for mostly force members
4. Benchmark up thanks to late blue chip rally
5. 4,000 officers to police Greek Cup final
6. Suspect in students stabbing alleged to have threatened other pupils
more news
Today
This Week
1. Putting the party above the country
2. Three missing from cargo ship that went down off Crete
3. Strong card in debt talks
4. Central Athens cleanup a sign of Greece's turnaround
5. Samaras meeting with Dimon key to Greek return to bond markets
6. Police on high alert for Greek Cup final in Athens on Saturday
Today
This Week
1. Greece startup leaders say they cant break jobless cycle alone
2. Ground-breaking Good Friday mass signals thaw in Cyprus
3. Mayoral candidates clash over Athens mosque plans
4. Government looks to kick on
5. Greece offers to help find Turkish F-16 lost in 1996
6. EU struggles to unpick the knot of Russia-Ukraine gas logistics
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.