End to compounding interest by banks on delayed loans is sought to be introduced through legislative regulation by the MP Kostis Efstathiou, who yesterday submitted a relevant bill proposal to the Plenary Session of the Parliament.With the bill proposal, the Law on Interest Rate Liberalization is am
in a number of cases the reforms denounced really in affirmation of experiments that are already underway. you land tenure reform, the residency reform, holding officials accountable for pollution, all these things are already experiments underway. i think what president xinping and the chinese leadership has said is we ll push forward with these reforms. the interest rate liberalization, negative investment list, all these things again are things that were put into this reform, this document, sort of announces they were new and big, but really it is an affirmation of things moving forward. this is the chinese way, they kind of do it incrementally, they don t do as much of the big announced ban. this was the case where there had been a lot of participation that there might indeed be a bang. so there was a little bit of a
number of case res fors reforms announced were experiments already under way. land tenure reform, you know, holding officials accountable for pollution, all of these things are already experiments under way. i think what the chinese leadership have really done is simply say we re going to push forward with these reforms. a number of reforms that have been suggested for the free trade zone and interest rate liberalization and negative investment list, all of these things again are things that were put into this plenum document but is an affirmation of things moving forward. they don t do a big announced bang. that s true. this was a case where there had been a lot of anticipation there might indeed be a bang. and so instead there was a little bit of a fizzle. you know, we ll see where it