April 25, 2024

Athens News

News in English from Greece

Georgiadis on the “family basket”: it is a tool for competition and price control

Development Minister Adonis Georgiadis spoke about the situation on the market on the eve of the Christmas holidays, emphasizing that “the family basket is not a pricing tool, but a lever of healthy competition.”

In an interview on the ERT channel, the Minister of Development said that traders in the central vegetable market, on their own initiative, created basket of specific products at low prices, so he congratulates them on their personal initiative. At the same time, the Minister referred to “basket for households”by inviting citizens through a consumer platform to evaluate the evolution of product prices over these 7 weeks of its work.

“In terms of performance, the seventh week will be somewhat better than the 6th. There is a reduction of 12.7% from the original price and savings of about 67 euros per month if someone buys all the products from the basket,” he said.

And, as he noted, “we allowed the market to operate freely, so we received permission from the competition commission. We have not set a price limit. The cart is not a pricing tool. The basket is an instrument of fair competition. We publish a list of products and goods every Wednesday.

As a reminder, two more “family baskets” will appear before the holidays: festive and Santa Claus. What will be included, read in the material “Athenian News”.



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