The battle to tackle price inflation is a constant battle and in this battle new policy tools are constantly being used until everyone, especially multinational companies, understands that Greece is not a «banana republic» and that the inflation of greed cannot be tolerated, Prime Minister Kyriakos Mitsotakis said at a meeting this morning at Maximos Mansion on measures to tackle price inflation.
He stressed that the strengthening of DIMEA and difficult controls, especially, which were made in recent months in the market and relate to the cost and profitability factors of basic products that constitute the household basket «have helped us to understand much better the mechanisms of the market.
The new measures which the Minister of Development will then specify are precisely aimed at addressing chronic distortions which have accumulated over many years in the Greek market and which have unfortunately become more pronounced as a result of the imported inflationary crisis. And they have led to the unacceptable phenomenon of the products of multinational companies being sold much more expensively in Greece than in other European countries. This is obviously something that cannot continue to be tolerated.
At this point the Prime Minister pointed out: «Our interventions are primarily aimed at net list prices by limiting the total discounts of suppliers by 30% and passing on the benefit to the consumer accordingly. They cover consumer durables such as household cleaning products, toothpastes, toothpastes, shower gels, shampoos, baby diapers, fruit and vegetable...
There will also be special provision for the issue of infant milk, where it is indeed totally unjustified why prices in Greece are so much more expensive than in other European countries.
There as will specify later and the competent minister will put a cap on the gross profit margin so that prices are adjusted to reasonable levels for Europe.
The Prime Minister stressed that the purpose of these measures is to correct established distorted commercial practices and the main priority remains the protection of the consumer and the proper functioning of the market.
Finally, I would like to add that we as a government are very concerned about the financial burden on young families.» He pointed out that it is something that has already been addressed through a series of measures to support young families and specialised initiatives and that the measures that will be announced subsequently should be seen in the context of an overall policy of support for the family and especially for young families, fully realising the heavy financial burden that having a child entails for a young family.
