We are not going to allow the Greek market to become an overgrown vine, we are not going to allow the inflation of greed, pointed out to SKAI and the Misfits o Kostas Skrekas, sending messages to the market following the two million euro fines on two multinational companies for unfair profiteering imposed by the Ministry of Development.

It is the largest fine ever imposed, the maximum fine that can be imposed for which he violates the law on unfair profiteering, the Minister of Development pointed out.

“Things are getting worse, accuracy is high, households are under pressure, and there are some companies that try to earn more at this juncture. We will not allow this. We will not allow, the prime minister said, we say it in every tone, the inflation of greed, while the cost of products is reduced, energy costs are reduced, raw materials are reduced, some companies to keep prices high and expensive on the shelf.

“We are not going to allow the Greek market to become a wild vine, we cannot remain uninvolved and to see the same products being sold more expensively in Greece compared to other European markets, and even markets where consumers have a higher disposable income” said the Minister of Development.

The SKAI and PULSE poll which shows that citizens are worried about accuracy, shows what we see around us. Milk once cost 1.30 euros, it went to 1.70, now of course it has gone to 1.39 and in the household basket, but also with the permanent price reduction. In milk based on ELSTAT we have -3% deflation in September when in Spain they have 13% inflation in the same month.

Greece has taken three initiatives, stressed Mr. Skrekas:

  • Checks for embezzlement
  • Price transparency with the e-consumer and
  • price reduction initiatives and household basket.

As the minister said, 348 products until yesterday, 213 a week agowith well-known brands, advanced in permanent shelf price by at least 5%, with key codes for household nutrition.

“Greek inflation is at average of Europe in food, nevertheless it is large, it approaches 9.8% and it persists”, emphasized Mr. Skrekas.

Fines imposed over the summer on three chains in August (violation of profit margin law) received within 20 days. A company can pay immediately and get a discount, or go to court, the minister explained.

Asked if the government will issue a new market pass, Kostas Skrekas clarified that “we have exhausted the capacity of the budget to support households, spending over 9 billion euros on the energy crisis, in 2022″. In 2023, the energy subsidy continues, while the market pass will continue in the flood-affected areas of Thessaly and in vulnerable households that joined for the first time a month agowhile the previous year’s beneficiaries were paid by the end of October.