Moscovici urges Athens to continue reforms to support competition

11 January 2016
845 Views

Based on recent data from Eurostat, European Commissions for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici estimated that prices in Greece were going down, which he argued is necessary in order to restore competitiveness and better distribute the burden of the economic adjustment.

As such, the European Commissioner urged Athens to carry on implementing reforms in order the further improve market conditions. Mr. Moscovici added that the Greek government has agreed to take steps towards facilitating competition and simplifying the authorization procedures for investments.

Mr. Moscovici’s statement in came in response to a question posed by SYRIZA MEP Dimitris Papadimoulis, who agued that the first tow bailout programs implemented in Greece were “complete failures” and demanded to know how the Commission intends to support the Greek government’s efforts to restore healthy competition without undermining SMEs.

You may be interested

Reuters: Strong demand for Greek & Austrian bonds
FINANCE
shares25 views
FINANCE
shares25 views

Reuters: Strong demand for Greek & Austrian bonds

makis - Jan 27, 2021

Strong demand emerged today for bond issues from Austria and Greece, which followed larger Eurozone countries that issued bonds earlier…

Lost city of Alexander the Great is found in Iraq using US spy footage of the area captured in the 1960s!
GREECE
shares20 views
GREECE
shares20 views

Lost city of Alexander the Great is found in Iraq using US spy footage of the area captured in the 1960s!

Panos - Jan 27, 2021

Alexander the Great‘s ‘lost city’ was a magical place where people drank wine and naked philosophers imparted wisdom, ancient accounts…

Hidden Masonic links to the legendary treasure of Oak island
GREECE
shares17 views
GREECE
shares17 views

Hidden Masonic links to the legendary treasure of Oak island

Panos - Jan 27, 2021

According to legend, a young man named McGinnis was wandering Oak Island, an island in the Mahone Bay off the…

Leave a Comment

Your email address will not be published.