A new visit was made early Thursday morning by the Minister of Development, Kostas Skrekas, in order to monitor the course of the “permanent price reduction” program.
Visiting a branch of a well known supermarket chain, in Galatsi, Mr. Skrekas walked around the supermarket, saw how the prices were fluctuating and, among other things, noted that the course of the program has exceeded the government’s initial goal, which was 500 products, having until yesterday included 650 products from 53 companies participating in the program.
As the minister pointed out, the next goal is the 1,000 products that cover the basic needs of households.
While the minister underlined that the permanent price reduction tags are those that indicate that the respective product belongs to the program and has reduced its price by at least 5% and for at least 6 months.
At the same time, Mr. Skrekas added that “the battle for the reduction of prices continues on three axes:
Continuous and intensive checks on the market to prevent the phenomenon of profiteering
“Permanent Price Reduction” initiative, where we ask suppliers to steadily and permanently reduce the price of their products and,
The “household basket” that continues and the consumer can find products with the lowest prices to meet daily needs.
It is noted that the checks of the Interagency Market Control Unit (DIMEA) have already begun at the supermarket stores in order to establish whether they have placed the “permanent price reduction” tags, as they should.
Latest News
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.