Dev. Min.: The delinquency rate in supermarkets is below 6%

The government is not considering a horizontal reduction of fuel taxes at this stage, the development minister said, among other things

Dev. Min.: The delinquency rate in supermarkets is below 6%

“In the 100 checks we have conducted for profiteering in supermarkets, the delinquency rate is below 6%”, emphasized the Minister of Development and Investments Adonis Georgiadis, speaking on Sunday, to ERT channel.

Referring to fuel, the minister noted, among other things, that “the government is not considering a horizontal reduction of fuel taxes at this stage. The horizontal reduction of the fuel tax would have two major problems: the first is that it would have a very large fiscal impact, as we did not pplace the high taxes, they are a lagecy of previous governments and especially from the Tsipras period” and he added that “there is no dirty profit in fuel. I place the most fines. Yesterday I fined 4 gas stations […] But they are minor violations in reality.”

The show also hosted the MP and Parliamentary Representative of PASOK-Movement for Change, Kostas Skandalidis, who emphasized that the horizontal benefits do not really help to ensure a productive investment of the resources given.

The household basket is stable

Additionally, the value of the average “Household Basket” remains flat despite inflation for a 12th week.

This is what the Minister of Development and Investments Adonis Georgiadis said recently, in a post on social media.

Brand name goods

It is noted that branded products are going to be added to the “Basket“. Based on the processes so far, as the relevant discussions with both the market and the Competition Commission are still pending, 6 are the product categories – out of a total of 51 – to which branded items will be added.

Specifically, as a high-ranking official of the Ministry of Development mentioned to OT, it is about rice, legumes, coffee (basically instant), spaghetti, flour and, in all probability, milk.

In these 6 categories, a very high percentage of private label products is recorded compared to the corresponding branded products.

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