Tuesday June 30, 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)  
Greeks check goods online, buy at stores
Closure of countrys banks leads commerce to grind to a halt
Public coffers run dry as taxes go unpaid
ATHEX: No trade until next Tuesday at the earliest
Tsipras says no vote will help talks but yes will prompt political developments
Prime Minister Alexis Tsipras indicated on Monday that Greece was still open to an agreement with creditors, even at the 11th hour, made it all but clear that a payment due on Tuesday to t...
EU officials say referendum is on euro or drachma
A number of European leaders warned Greece on Monday that Greeks face a choice between the euro and the drachma when they go to vote on Sunday, regardless of the government insisting that a ...
Inside News
SOCCER
English keeper Steele stays with Panathinaikos
English goalkeeper Luke Steele has extended his contract with Panathinaikos until the summer of 2018, the Greek Super League club announced on Monday. Former England youth international Stee...
VOLLEYBALL
Great wall of China insurmountable for Greece
The Greek mens national volleyball came mighty close to snatching a spot in the Final-Four of the World Leagues third division, but eventually succumbed to China in front of some 4,000 fan...
Inside Sports
Switching the rules for the referendum
The legislative decree that the government just issued changes in its favor the rules that apply for the carrying out referendums. It states that if it is not possible to put together one s...
COMMENTARY
Playing the last chips
Prime Minister Alexis Tsipras played his last chips and the country is already experiencing the results. If he has come to terms with the idea of Greece returning to the drachma then you can...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Tsipras says no vote will help talks but yes will prompt political developments
2. Greeks check goods online, buy at stores
3. Closure of countrys banks leads commerce to grind to a halt
4. Public coffers run dry as taxes go unpaid
5. ATHEX: No trade until next Tuesday at the earliest
6. Double default day for Greece?
more news
Today
This Week
1. Greek government says no limit on bank withdrawals for foreign tourists
2. Playing the last chips
3. Poll shows chances of Greece euro exit balancing on knife's edge
4. Referendum asks Greeks simply to accept or reject creditors' plan
5. Cautious Merkel on verge of biggest risk with 'Grexit'
6. ECB rejected Greek funding line request for extra 6 bln euros, say sources
Today
This Week
1. Greek government says no limit on bank withdrawals for foreign tourists
2. Greek referendum offer is more con than democracy
3. Greek negotiators learned of referendum proposal from Twitter
4. Greeks want to stay in eurozone, two polls show
5. Ship of fools
6. A decision with no preparation
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.