Rating Enforcement 2018

Greece's Competition Commission

28 September 2018

In a record-breaking year for fines, the Greek Competition Commission (HCC) continued to improve its enforcement record after recovering from a fight with parliament over its sovereignty. The effects of a pivotal year in 2016 were readily noticeable in the HCC’s 2017 body of work. Agency president Dimitrios Kyritsakis and his team continued to work hard reducing significant case backlogs. The authority is proud that its budget was one of the few that remained untouched by sweeping cuts in the Greek government’s last revision of its national budget. Public servants and private practitioners alike highlight this stability as an achievement for the commission in the context of severe pressure from the European Union, the European Central Bank, the International Monetary Fund and other outside institutions to continue implementing austerity measures tackling the country’s ongoing economic crisis.