First up, they're ditching lots of regulations.
The Finance Ministry has made public a list of 136 professions that will be liberalized from July 2 as part of the economic reforms Greece has been encouraged to make by the European Union and the International Monetary Fund.Second, while dangerous to draw conclusions from a single paper's editorials, here's ekathimerini.com discussing the crisis.
The reform means that those seeking to enter these professions can do so freely, without restrictions on the number of people in the sector or limits on where they can set up their businesses.
The professions in the list published on Monday range from taxi drivers to beauticians but do not include some of the key so-called closed professions.
Notaries, lawyers and civil engineers will see their professions liberalized at a later date, yet to be set by the ministry.
The rapid deterioration in economic conditions has made it clear that changing Greece’s economic model will be more painful than previously thought.Corroborating this point of view is the Athens News' reporting from the inner sanctums of the EU.
The delays in overhauling and downsizing the public sector, which is key to changing the Greek economic model, will entail even greater economic and social costs than envisaged even six months ago if the government does not convince party loyalists in state-controlled corporations to accept privatizations and vested interests everywhere else to accept competition.
The head of the Eurogroup urged Greece to set up an independent privatisation body overseen by the European Union to bring down its ballooning debt level.People adapt. It may take them a generation or two to see how screwed up they were, but in the end, we all learn from mistakes and figure out what worked and what didn't. Unquestionably, the Greeks have made a mess of their economy, but it looks like the light is dawning on them. And lest we be too harsh on them, or on the Greek-like progressives in our own country, they smashed the place in an effort to be kind to the "less fortunate." They were trying to give security to all, not realizing that salvation, both spiritual and economic, is a personal thing. Now that collectivism has failed yet again, it looks like they're figuring it out.
Jean-Claude Juncker told German news weekly Der Spiegel's edition to be published Monday that the EU in future will monitor Greece's privatisation programme "as if we were conducting it ourselves."