
Medications in Greece are about to experience a surge in prices as the Greek National Organization for Medicines (EOF) published a list on Tuesday outlining new prices on 850 drugs set to take effect in the fall.
The new prices are the result of a public consultation that began on June 20, which addressed price adjustment requests from pharmaceutical product holders.
According to the Panhellenic Pharmaceutical Association, the affected medications span a wide range of categories, from serums and antibiotics, to antidepressants and anti-inflammatories, while the increases range from minor adjustments to hikes of up to 448%.
Specifically, 445 drugs will see an increase between 0.01 and 0.99 euros, 152 between 1 and 1.99 euros, 90 products between 2 and 2.99 euros, 50 between 3 and 3.99 euros, and 59 will rise between 4 and 4.99 euros.
One product will see an astronomical hike in cost, from its current price at 0.96 euros to 5.26 euros.
President of the Panhellenic Pharmaceutical Association Apostolos Valtas explains that “these increases aim to rationalize the market.” Many drugs are sold at low prices which make them unsustainable for pharmaceutical companies to keep them in the Greek market. This often leads to drug shortages or the withdrawal of medications, leaving patients without essential treatments. As a result, patients need to seek alternative, often more expensive, medications or resort to importing them at higher costs.
Source: tovima.com


Latest News

Higher Prices for Easter Table Staples ‘Sting’ Greek Households
As inflation and production costs continue to weigh on the market, Greek families may find this year's Easter table more expensive than in previous year

Eluned Morgan: The Parthenon Marbles should be returned to Greece
The Welsh First Minister takes a clear stance in support of the reunification of the Parthenon Marbles in an exclusive interview with TA NEA Weekend

Traffic Disruptions in Athens This Weekend for Major Cycling Event
Athens police advise all residents and visitors to plan ahead and allow extra travel time

Trump’s 10% Tariffs Take Effect, Ushering in New Era in Trade
Trump’s tariffs represent a direct break from the post-WWII global trade framework that prioritized negotiated, reciprocal tariff reductions.

Oil Price Drops 8%
The sell-off was fueled by escalating fears of a global trade war after China responded aggressively to new U.S. tariffs, signaling a deepening economic rift.

Greece Opens Summer 2025 Season with 28.2 Million Airline Seats, Up 4.6%
The United Kingdom remains Greece’s largest source market, accounting for 5.6 million airline seats—an increase of 2.2% from last year—and representing 20% of the total.

Greece’s Top Unions Announce April 9 Nationwide Strike
As of now, there is no official announcement on whether workers in public transport systems will join the strike, leaving questions about the availability of buses, metro, and trams on the day.

PM Mitsotakis to Chair New Democracy’s Committee Meeting
Today’s meeting is seen as a crucial opportunity to halt internal disputes within ND and reaffirm unity within the party.

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.