Sunday March 29, 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)  
Fitch downgrades Greece amid bailout uncertainty
Bank accounts continue to bleed
Hania and Athens are the top picks for Easter visitors
Landlords to pay tax on unpaid rent
Moscow expects progress from Tsipras visit
Prime Minister Alexis Tsiprass planned visit to Moscow on April 8 will be a big event in the course of relations between Greece and Russia, according to the Russian ambassador in Athens, ...
Another suspect eyed in prison breakout plan
Police are on the trail of a criminal who is alleged to have played a part in supplying the weapons November 17 terrorist Christodoulos Xeros and other accomplices were due to use to help Co...
Inside News
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Lets change the subject
Lets talk about the weather. The cloudy skies, the rain, storms and humidity, the overall heavy atmosphere. Its better to think of that than politics and politicians, whatever cuts they ma...
EDITORIAL
Too little, too late?
Many of the measures that are rumored to comprise part of the list that the Greek government is expected to submit to the European Commission, European Central Bank and the International Mon...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Moscow expects progress from Tsipras visit
2. Another suspect eyed in prison breakout plan
3. Eurogroup unlikely to be held soon to discuss Greek reforms
4. Disabled convicts to be freed early
5. Greek energy minister starts two-day visit to Russia on Monday
6. Opposition tells Tsipras to get control of his party
more news
Today
This Week
1. Moscow expects progress from Tsipras visit
2. Eurogroup unlikely to be held soon to discuss Greek reforms
3. Another suspect eyed in prison breakout plan
4. Fitch downgrades Greece amid bailout uncertainty
5. Opposition tells Tsipras to get control of his party
6. Let's change the subject
Today
This Week
1. Next Monday is D-Day for state funds
2. PM faces Merkel amid race to detail reforms
3. Some more equal than others
4. Greece to present reforms by Monday, says gov't spokesman [Update]
5. Looking at the Chinese model
6. Greece optimistic on deal with euro area next week
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.