Medications in Greece are about to experience a surge in prices as the Greek National Organization for Medicines (EOF) published a list on Tuesday outlining new prices on 850 drugs set to take effect in the fall.
The new prices are the result of a public consultation that began on June 20, which addressed price adjustment requests from pharmaceutical product holders.
According to the Panhellenic Pharmaceutical Association, the affected medications span a wide range of categories, from serums and antibiotics, to antidepressants and anti-inflammatories, while the increases range from minor adjustments to hikes of up to 448%.
Specifically, 445 drugs will see an increase between 0.01 and 0.99 euros, 152 between 1 and 1.99 euros, 90 products between 2 and 2.99 euros, 50 between 3 and 3.99 euros, and 59 will rise between 4 and 4.99 euros.
One product will see an astronomical hike in cost, from its current price at 0.96 euros to 5.26 euros.
President of the Panhellenic Pharmaceutical Association Apostolos Valtas explains that “these increases aim to rationalize the market.” Many drugs are sold at low prices which make them unsustainable for pharmaceutical companies to keep them in the Greek market. This often leads to drug shortages or the withdrawal of medications, leaving patients without essential treatments. As a result, patients need to seek alternative, often more expensive, medications or resort to importing them at higher costs.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-90x90.jpg)
