Athens Macedonian News Agency: News in English, 16-06-22

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Fair growth is the focus of the government's economic policy, says minister

[02] Competition Commission rubber-stamps COSCO-OLP sale deal

[01] Fair growth is the focus of the government's economic policy, says minister

He said the new law on growth along with the available EU funds - which were 100 pct absorbed in 2015 – and the "Juncker Plan", will set the Greek economy to a new trajectory focused on social justice.

Concerning the law on growth, the minister said it is structured with the small and medium-sized business in mind and the sectors of the agri-food business, as well as technology and innovation.

[02] Competition Commission rubber-stamps COSCO-OLP sale deal

"Having taken into account the conditions and prospects of the relevant market, the improvements in its efficiency and the commitments given, concluded that the concentration does not raise serious doubts as to the compatibility of the deal with the performance requirements of competition in the individual markets it concerns," the Commission said in its decision.

In March, the Court of Audit also approved the deal for the sale of 67 pct of OLP to the Chinese shipping giant and rejected a request for cancellation of the deal, filed by the union of port employees (OMYLE) and the union of OLP's dock workers.

The next step is for the concession agreement to be submitted to parliament for approval, which is expected to take place on Friday. After the parliament gives the green light, the privatization agency (HRADF) will ask COSCO to pay initially for 51 pct of OLP and the management of the port.

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