Greece: The Path to a Competitive Future
Thursday, May 22, 2014
2:00pm - 3:00pm
An investigation by the Organization for Economic Co-operation and Development (OECD) in cooperation with the Greek authorities identified a wide range of regulations and legal provisions that undermine competition. Building on the approach of the OECD’s Competition Assessment Toolkit, the Competition Assessment Review of Greece makes more than 320 recommendations on legal provisions that should be amended or repealed. In this session, Dr. Sean Ennis, a Senior Economist in the OECD’s Competition Division, will discuss the findings and the methods used for preparing the report. The publication focuses on Greece’s food processing, retail trade, building materials and tourism sectors. Ultimately, the estimated benefits of implementing all recommendations to the Greek economy are around EUR 5.2 billion (about USD 7.2 billion).