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).

President Iohannis decorates head of competition watchdog Chiritoiu

President Klaus Iohannis on Thursday awarded Chairman of the Trade Competition Council Bogdan Chiritoiu and three other competition officials Romania's Star in the rank of Knight decorations to celebrate the 20th anniversary of the Competition Council, as a token of high esteem for the significant contribution to the protection and boost of competition on the Romanian market in order to develop

Construction and the Property Market with a Serious Jump in 2017

The real estate market continues to grow at a record pace in 2017, with the main reason being new construction. For the second quarter of the year, 207 building permits were issued for residential buildings in Sofia, an increase of 25% compared to the first quarter of the year and 10% compared to the same period in 2016.

Greece’s shadow economy is 21.5% of GDP, says German IAW

Some countries have much larger shadow or unofficial economies than others. Greece’s shadow economy is worth over a fifth of its total output, and Italy’s isn’t far behind, says a research by German IAW. However, the chart refers only to selected industrialized countries. And Germany is not doing much better…