A few days after the premiere for the “household basket“, the Ministry of Development and Investment is trying to correct various “teething problems”, while at the same time some of the large supermarket chains are correcting – downwards – the prices of certain products. At the same time, according to information available to OT, it is possible to see an electronic “household basket” from efood bretailers.
Among the “teething problems” is the inability of many consumers to identify the products included in the “basket” of each supermarket chain due to the size of the relevant signs.
Changes are coming
In the coming days the Ministry of Development and Investments will issue a new ministerial decision on the “household basket“, as Minister Adonis Georgiadis announced speaking to SKAI tv.
The decision will provide for larger and clearly visible labels on the basket products and to ensure the adequacy of the products offered.
“Encouraging” first week
Also, the minister noted that the first week of implementation of the measure was encouraging while adding that from Wednesday the prices of the products will be monitored weekly in the ministry’s online application.
At the same time, he announced a meeting with the representatives of the food industries, but first – as he said – after receiving the results of the checks of the Interagency Market Control Unit (DIMEA).
It is recalled that in his post on social media yesterday, the minister, after a new visit to a supermarket in Western Athens, wrote: “…We have a way to go to get where we want. We will make sure to increase the signage and ensure that there is a continuous supply of products”
New basket for “nutritional needs”
The Deputy Minister of Development and Investments, Nikos Papathanasis, spoke about the “household basket” that has been in force since November 2 in supermarkets on Mega television.
The minister first mentioned that there are frequent visits to supermarkets in order to check if the measure is being followed correctly and noted that there are some points that need to be corrected regarding the “household basket”.
“Sales of ‘basket’ goods have increased by 100% which means that people want to buy, they are asking for the products… at this moment the industry has to ‘put its back’ so that the products in the ‘basket’ are very cheaper than their counterparts” said the minister.
Extension of the measure
When asked about the possibility of extending the measure to other industries, the minister noted that the option is available to anyone, and smaller retailers must choose for themselves. The ministry has been in contact with bakeries and butchers with the entrepreneurs being positive in thinking, waiting, however, to see how the measure pans out.
Mr. Papathanasis also revealed the future creation of a “basket” for citizens with special nutritional needs. He then explained that in the “basket” there are 50% private label products, and 50% branded products.
Latest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards