Organization for Economic Cooperation and Development

Deregulation helped consumers and employment, KEPE study finds

Consumers and employment in Greece have enjoyed considerable benefits from the opening up of commodity markets implemented since 2010 (in the context of the bailout programs and the recommendations of the Organization for Economic Cooperation and Development), according to a study by the Center of Planning and Economic Research (KEPE).

Salary cuts not enough to make Greek firms more competitive

The collapse of domestic demand during the financial crisis forced many Greek enterprises to turn to foreign markets in order to survive. Many have done so successfully, which was quite a feat given the conditions in Greece, where corporate competitiveness has been seriously compromised.

Bleak future for pension system

The rapid aging of the Greek population, the constant reduction of public expenditure on pensions and the ever-changing nature of labor with the strengthening of flexible forms of employment, are painting a very grim picture for the future of state benefits and in regards to growing inequalities among aged people in Greece.

Head of State Rumen Radev is on an Official Visit to the French Republic

Head of State Rumen Radev will be from 4 to 6 December on a working visit to the French Republic at the invitation of President Emmanuel Makron, reported BGNES.

The visit is a continuation of the top-level dialogue between Bulgaria and France after the meeting of the two presidents in the Palace of Evksinograd in August this year, the presidential press service announced.

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