![Dev. Min.: The delinquency rate in supermarkets is below 6%](https://www.ot.gr/wp-content/uploads/2022/11/adonis-kalathi-scaled.jpg)
“In the 100 checks we have conducted for profiteering in supermarkets, the delinquency rate is below 6%”, emphasized the Minister of Development and Investments Adonis Georgiadis, speaking on Sunday, to ERT channel.
Referring to fuel, the minister noted, among other things, that “the government is not considering a horizontal reduction of fuel taxes at this stage. The horizontal reduction of the fuel tax would have two major problems: the first is that it would have a very large fiscal impact, as we did not pplace the high taxes, they are a lagecy of previous governments and especially from the Tsipras period” and he added that “there is no dirty profit in fuel. I place the most fines. Yesterday I fined 4 gas stations […] But they are minor violations in reality.”
The show also hosted the MP and Parliamentary Representative of PASOK-Movement for Change, Kostas Skandalidis, who emphasized that the horizontal benefits do not really help to ensure a productive investment of the resources given.
The household basket is stable
Additionally, the value of the average “Household Basket” remains flat despite inflation for a 12th week.
This is what the Minister of Development and Investments Adonis Georgiadis said recently, in a post on social media.
Brand name goods
It is noted that branded products are going to be added to the “Basket“. Based on the processes so far, as the relevant discussions with both the market and the Competition Commission are still pending, 6 are the product categories – out of a total of 51 – to which branded items will be added.
Specifically, as a high-ranking official of the Ministry of Development mentioned to OT, it is about rice, legumes, coffee (basically instant), spaghetti, flour and, in all probability, milk.
In these 6 categories, a very high percentage of private label products is recorded compared to the corresponding branded products.
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Greece’s Industrial Production Rises 5.8% in December](https://www.ot.gr/wp-content/uploads/2025/02/Industrial-production.jpg)
Greece’s Industrial Production Rises 5.8% in December
For the entire year, the average General Index of Industrial Production increased by 5.2% in comparison to the corresponding period in 2023.
![Study Shows Athens Traffic Congestion Up](https://www.ot.gr/wp-content/uploads/2023/09/traffic-332857_1280-600x400.jpg)
Study Shows Athens Traffic Congestion Up
On average, car drivers and their passengers who venture out onto Greater Athens’ roads will spend roughly half an hour in the vehicle to cover a distance of 10 kilometers
![Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-07T223323Z_1406125441_RC24JBAKMTGM_RTRMADP_5_ELON-MUSK-JP-MORGAN-600x389.jpg)
Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System
Judge blocks Elon Musk’s team from Treasury access over security risks and potential misuse of federal payment data.
![Make Europe Great Again in Madrid](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-08T125319Z_1806997237_RC2CQCA44ZAR_RTRMADP_5_SPAIN-POLITICS-FAR-RIGHT-scaled-1-600x400.jpg)
Make Europe Great Again in Madrid
Far-right leaders rally in Madrid to 'Make Europe Great Again
![Seismologists Cautiously Optimistic as Aegean Earthquake Activity Evolves](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-03T091846Z_527357669_RC2VIG9S7Z9U_RTRMADP_5_GREECE-QUAKE-SANTORINI_med-600x400.jpg)
Seismologists Cautiously Optimistic as Aegean Earthquake Activity Evolves
Seismologists grow increasingly optimistic as Aegean earthquake activity shows signs of decline
![Earthquakes Continue to Shake the Cyclades, Experts Monitor Declining Activity](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-07T140924Z_1597045385_RC2QPCAWU2HK_RTRMADP_5_GREECE-QUAKE-SANTORINI-CONSTRUCTION-scaled-1-600x450.jpg)
Earthquakes Continue to Shake the Cyclades, Experts Monitor Declining Activity
Ongoing earthquakes rattle Greece's Cycladic islands, but experts believe activity may be slowing.
![Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report](https://www.ot.gr/wp-content/uploads/2025/02/sant-600x352.png)
Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report
The areas directly affected by the tremors account for approximately 4% of both the country's annual tourism revenues and the total annual turnover in the accommodation and food service sectors
![Greek Trade Deficit Surges to €34.6 Billion in 2024 Amid Export Decline](https://www.ot.gr/wp-content/uploads/2025/02/Greek-trade-deficit-600x400.jpeg)
Greek Trade Deficit Surges to €34.6 Billion in 2024 Amid Export Decline
Conversely, numbers indicate that exports declined, totaling to 49.90 billion euros in 2024, down from 51.02 billion euros in 2023 marking a 2.2% decrease.
![Culture Ministry Takes Action to Protect Santorini’s Antiquities](https://www.ot.gr/wp-content/uploads/2025/02/h0580224-600x406.jpg)
Culture Ministry Takes Action to Protect Santorini’s Antiquities
So far, no damage has been reported to the island’s cultural heritage, with exhibits already safeguarded. Meanwhile, the Greek Ministry of Culture held an emergency meeting on February 6.
![How Many Tourists Visit Santorini Each Year?](https://www.ot.gr/wp-content/uploads/2025/02/santorini-5-600x400.jpg)
How Many Tourists Visit Santorini Each Year?
As Santorini continues to shake with earthquakes, one big concern is what these quakes will mean for the island’s tourist season.