Wednesday, May 22, 2024

      Subscribe Now!

 

spot_img
spot_img
GreeceBusinessMeasure of containing price hikes in some 50 essential food products to...

Measure of containing price hikes in some 50 essential food products to take effect by October’s end

Hellenic News of America
Hellenic News of Americahttps://www.hellenicnews.com
The copyrights for these articles are owned by HNA. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of HNA and its representatives.

Latest articles

The measure of containing price increases in some 50 essential food products will take effect by October’s end, Development & Investments Minister Adonis Georgiadis told SKAI TV on Saturday.

Earlier in the week super markets operating in Greece pledged to present a ‘basket’ of 50 different products necessary for a household’s living for which they will seek to contain any price hikes.

This pledge was made during a meeting between minister Georgiadis with representatives of super markets and food retailers.

Georgiadis had said that next week he will meet with representatives from the food industry to seek a similar agreement. He also had noted that the meeting did not discuss a “freeze” on prices, and he had stressed that each company will pursue its own policy on prices: “We do not breach rules of fair competition. It is something that we would never do,” he had added.

The minister also noted that the measure will stay in effect for as long as the price hikes crisis lasts, and that relevant authorities will monitor prices every two weeks.

Thanks for reading Hellenic News of America

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

Get Access Now!

spot_img
spot_img