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OECD Competition Assessment Reviews: Greece 2017

image of OECD Competition Assessment Reviews: Greece 2017

This report analyses Greek legislation in a number of sectors and identifies about 350 legal provisions which could be removed or amended to lift regulatory barriers to competition. The work undertaken in the project has involved the review of over 1 200 pieces of legislation in these sectors of the economy, using the OECD Competition Assessment Toolkit. The analysis of the legislation and of the Greek sectors has been complemented by research into international experience and consultation with stakeholders from the public and private sectors. The OECD has developed recommendations to remove or modify the provisions in order to be less restrictive for suppliers and consumers, while still achieving Greek policy makers’ initial objectives. If these recommendations are implemented, benefits to consumers in Greece and to the Greek economy should arise in all sectors. Throughout this report, the authors identify the sources of those benefits and, where possible, provide quantitative estimates.

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Foreword and Acknowledgments

After suffering one of the longest and most serious economic crises ever experienced by any European country, which resulted in a severe drop of real GDP and major losses in employment and incomes, the Greek economy is projected to improve in 2016-2017. Progress has been made in balancing the budget and implementing significant labour market and fiscal reforms.

English

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