Constitutional Law / Droit constitutionnel
Greece / Grèce
In May 2010, the Greek government signed the MoUs and agreements for the implementation of the financial assistance scheme agreed with the ‘troika’ of creditors, the IMF, the ECB and the European Commission. At the centre stage in the negotiations with the ‘troika’ of creditors has been the re-structuring of the public sector, not only in terms of re-organising its services and applying cost-cutting schemes, but also in terms of reviewing the quality of instruments, of regulations, with a view to simplifying procedures and, hence, improving efficiency and boosting competitiveness. The impact that the MoU has already had on Greek policy and lawmaking, less than a year since its signing, is multifaceted. Major reforms are currently being designed and implemented, and several legislative initiatives are instigated towards this direction. The present chronicle focuses on two of them: the law on the simplification of procedures for establishing a business, and the law on ‘Strategic Investments’.
