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Anti-inflation measures extended for 6 months | TheGreekDeal.com
Kyriakos Mitsotakis
Anti-inflation measures extended for 6 months
Prime Minister Kyriakos Mitsotakis announced on Wednesday morning during his visit to the Ministry of Development that he was extending the measure to combat inflation for an additional six months.
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Prime Minister Kyriakos Mitsotakis

An extension measure against inflation for another six months was announced by Prime Minister Kyriakos Mitsotakis during his visit to the Ministry of Development on Wednesday morning. "Our intention is to continue to implement bold structural interventions. The interventions we have made in the market and will continue for at least another six months are interventions that, I want to stress, have started to yield the first results.  In the month of May, we had the seventh lowest inflation in Europe, and we are now starting to see signs of price deceleration," Prime Minister Kyriakos Mitsotakis said.

"The aim is not only to talk about reducing inflation but to reduce prices now, on the shelf, for the benefit of the consumer, especially in supermarkets and especially in food. And we believe that the continuation of this policy can soon lead us to even more substantial, measurable results," the Prime Minister noted, adding: "We will need to join forces and say that continued precision is essentially undermining social cohesion itself, and the state, through its control mechanisms, wants to ensure a market that works competitively and eliminates oligopolistic phenomena or obscenity, but in this we need healthy entrepreneurship on our side. Whether we are talking about the big Greek producers or whether we are talking about the supermarket companies or the Greek traders, everyone must realise that this is a bet that we must and will win together.

Mitsotakis reiterated that "the issue of prices also has a European dimension.". He referred to his intervention to the President of the European Commission on the issues of multinational companies' practices and stressed that he would insist on this issue. "I believe it is an issue that should also be on the EU's strategic agenda for the next five years. The single market is not just about business. It is about consumers, and such phenomena must be effectively tackled not only at the national but also at the European level," he said. He underlined that he is prepared to carry out this task by having as allies other European countries with smaller markets, as a rule, that are confronted with such practices.

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