Greek FinMin: Proposed Legislation for Economic and Social Council Moves Along Three Axes

January 18, 2021

ATHENS — The government's proposed legislation for strengthening the Economic and Social Council of Greece (ESC), which is about to be unveiled for public consultation, acts in three directions, Finance Minister of Finance Christos Staikouras stated in the plenary session of the Council on Monday.

The three axes of the proposed legislation are as follows:

1 – Strengthening the institutional role of the Council: The targeted revision of the Council's founding law seeks to increase its effectiveness and efficiency, but also to modernise the functioning of its institutions. Ensuring the independence of the institution and transparency in achieving social consensus is a priority.

The increase of the members of the plenary and the expansion of the represented social partners is a tool for achieving the best possible representation of modern civil society. In the operational field, this will be done through interventions related to the clarification and expansion of its field of activity, during the preparation of critical legislation.

2. Modernising and strengthening the ESC's organisational framework: Establishing an integrated operating body, improving the organisation and strengthening its staff are key preconditions for the institution to meet its demanding role.

3. Strengthening the ESC's operational functioning: The aim is to support the institution in establishing a new momentum, so that it can intervene quickly and effectively in the legislative process, express timely views on emerging trends in society and the economy, and maintain its interconnection with both European and international social partner networks, as well as with domestic forces, at a local and regional level.


ATHENS - Greek retail commerce enterprises' turnover grew 22,1% in November 2021, totaling 2,86 billion euros, from 2,35 billion in November 2020 and up 1,9% from October 2021 (2,81 billion), Hellenic Statistical Authority said on Wednesday.

Top Stories


ATHENS – A major snow storm that had been predicted for days still caught residents in Greece offguard and the New Democracy government scrambling for answers as to why motorists were stuck for hours on major roads.


US Congress represenatives Gus Bilirakis of Florida and Nicole Malliotakis of New York – both Republicans – assailed President Joe Biden's administration for no longer supporting the EastMed pipeline project by Greece, Cyprus and Israel.


WASHINGTON HEIGHTS, NY – In the presence of distinguished guests, the vasilopita was cut by the Federation of Greek American Educators in the community hall at St Spyridon Greek Orthodox Church in Washington Heights on January 23.


Meet Methuselah, the Oldest Living Aquarium Fish

SAN FRANCISCO — Meet Methuselah, the fish that likes to eat fresh figs, get belly rubs and is believed to be the oldest living aquarium fish in the world.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.