Greeks taste breadth of bailout in loaf and lotion rules

Pharmacists and bakers are among businessses worried that the latest Greece rescue deal, while pushing competition, will harm community enterprises

Christos Vouldis doesn't see why international institutions like the European Central Bank should tell him how to run his bakery. Nikolleta Stefanidi, meanwhile, is worried for the elderly people who come to her Athens neighbourhood pharmacy for their medicine.

Air and sea ports and the national grid are to be privatised as part of Greece's latest rescue deal under the new three-year bailout. Taxes will be raised on powerful shipping firms, and VAT increased at an estimated cost to the average Greek household of a650 a year.

Related: Memorandum of understanding: what exactly has Greece signed up for?