Amendment in Parliament to end profit margin cap measure on June 30

The authorities has tabled an amendment successful Parliament extending and concluding the profit borderline headdress measure—applied to food, indispensable goods, and fuel—until June 30, 2025, keeping the nett margins astatine the levels that existed connected December 31, 2021. The amendment was submitted by Development Minister Takis Theodorikakos.

It besides extends the pursuing until October 31, 2025:

• Measures related to the Household Basket.
• The mandatory disclosure of terms increases and caller nutrient pricing.
• The ban connected discounts and promotions for products that were price-hiked successful the erstwhile 3 months.

In his statement, Minister Theodorikakos emphasized that these measures person been a key instrumentality for marketplace oversight and user protection.

“This is simply a peculiarly strict measure, and done marketplace inspections, it has importantly contributed to lowering ostentation successful nutrient and indispensable goods,” helium noted, adding:
“Greece presently has the lowest ostentation successful the Eurozone successful this area, particularly implicit the past 5 months.”

He besides announced that the Ministry of Development has prepared a new model of structural reforms aimed astatine consumer extortion and marketplace oversight, which volition beryllium presented astatine the adjacent Cabinet meeting.