Non-price competitiveness, so-called structural competitiveness, is low compared to Greece’s EU partners. This is mainly due to high tax rates, weak public sector efficiency and delays in court proceedings and rulings.
Here are some numbers: - According to the World Economic Forum (October 2018) 1 Greece ranked 103rd out of 140 countries in Checks and Balances (which refers to budget transparency, judicial independence, efficiency of legal framework in challenging regulations and freedom of the press), 115 th in Public Sector Performance (which refers to the burden of government regulation, efficiency of legal framework in settling disputes, e-Participation index, future orientation of government), 119 th in Property Rights Protection (which refers to property rights, intellectual property protection and quality of land administration), and 119 th as regards the Strength of Auditing and Reporting Standards.