The Prime Minister, Kyriakos Mitsotakis, announced announcements that will put a stop to practices of profiteering, during his visit to the Ministry of Development, where he was received by the Minister, Kostas Skrekas.

Mr. Mitsotakis referred to the consumer protection controls for the defined profit margins, stressing that the Ministry of Development now has the mechanisms and tools to be able to have a much better picture of what is happening in the market.

He also referred to the need to support investments, public and private, noting that “we are currently experiencing an investment spring in our country that concerns many different sectors, which is also a result of the fact that Greece is now entering a virtuous cycle of development”.

The measurable result we are ultimately interested in is the improvement of wages and the reduction of unemployment, concluded the prime minister.

The Prime Minister’s full statement:

“Development is a prerequisite for collective well-being and social cohesion. Consequently, the policies launched by the Ministry are of particular importance in our overall planning.

I want to focus in particular on dealing with accuracy, especially food accuracy, which seems to be extremely persistent. As our fellow citizens know, we have long since unfolded a comprehensive plan to limit as much as possible the impact of imported precision and many of the initiatives that are being developed fall within the competence of the Ministry of Development.

I am specifically referring to controls which are made in the market for the defined profit margins that we have legislated, but also controls that concern the overall protection of the consumer from practices, which cannot and will not be tolerated.

I refer, for example, to practices which do abuse of discount practiceeffectively misleading consumers.

There will be very soon announcements from the Ministry and imposition of the relevant finesso that everyone knows that the Ministry of Development now has the mechanisms, but also those tools, to be able to have a much better picture of what is really happening in the market.

Beyond that, obviously the development we envision is largely based on investmentspublic and private, and many of the initiatives launched by the Ministry of Development are precisely there.

We want to support Greek manufacturing, to support Greek industry, which has made significant strides in recent years. And that’s why there are many different financing tools.

We want, as you said Minister, to turn Greece into one transit hub and to exploit in this way our geographical position and the important infrastructures that we have at our disposal.

We want to support her innovation, start-up entrepreneurship, where miracles have taken place, I would say, in recent years, with a new ecosystem that has shown a great dynamic. But let’s be more efficient in how we connect the public funds that we channel into research with real production in our country.

So, there are many actions, Mr. Minister, Deputy Minister, Mr. Deputy Minister, ladies and gentlemen, that we will have to launch in the coming years. The Ministry of Development is the ally of healthy entrepreneurship in our country. And we are happy because overall – if you look at the big picture – today we are experiencing an investment spring in our country which concerns many different sectors, which is also a result of the fact that Greece is now entering one virtuous cycle of development.

It is precisely this development that we want to support with targeted policies, which – I emphasize – will have a measurable effect. And the measurable result we are ultimately interested in is the improvement of wages and the increase of jobsthe reduction of unemployment.

These are the final indicators that will judge the overall success of our policy.

I wish you strength.”