European Commission sees some progress in Greece's market reforms

Photo by MacroPolis
Photo by MacroPolis

In its report titled “Market Reforms at Work in Italy, Spain, Portugal and Greece,” the European Commission (EC) has outlined that reforms of the public administration, the judicial system and those to facilitate the ease of doing business in Greece have had a positive but partial impact.

The Commission notes that the OECD Product Market Regulation indicator, which measures the overall regulatory environment, showed that Greece and Portugal were among the best performers between 2008 and 2013.

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