Georgios Pilidis, president of the Association of Small and Medium Supermarkets, noted that VAT cuts are expected on basic food products. A new round of price increases was announced by Mr. Pilidis, and this applies not only to those products, the supply of which “suffered” due to the situation in Ukraine, but also to others, […]
Tag: price increase
Retail price increase by 10% is coming
An increase in retail prices for products is inevitable, said Antonis Makris, president of the Association of Retailers (ΣΕΛΠΕ). “We live in a difficult situation. It does not depend on us,” he said. “If tomorrow morning food companies only need to equalize prices (rather than win, make a profit) because of the rising cost of […]
Killer prices
Rising energy and commodity prices continue at an ever faster pace, dealing a serious blow to the pockets of citizens. According to official data ELSTAT, inflation rose to 6.2% in January 2022. Over the last quarter, the average price of potatoes increased by 47%, spaghetti by 23%, olive oil by more than 10%, fresh milk […]
Electricity and gas subsidies, clarifications
Minister of Environment and Energy Costas Skrekas clarified the electricity and gas subsidies. With regard to natural gas, it was noted that the bills that will come from now on refer to consumption in November-December. In October and November, the discount will be 15%, and from December it will increase to 40%. “We are trying […]
My dear chicken: rising prices for poultry meat production
Poultry officials urge the government to take measures to prevent a new round of prices. “If our industry does not receive support, and primary production as a whole, in order to cope with the wave of growth in energy resources, any government support for households will practically” come to naught “, as our companies will […]
Arkas: hello, high cost
The famous cartoonist “Arkas” once again makes fun of the problem of rising prices. Once again, Arkas uses visual arts to comment on high prices in his own unique way. The main characters of the sketch are the famous elderly couple who love and hate each other all their lives, Napoleon and Asimina. During the […]
What the government is proposing regarding the “tsunami” of price increases
The financial bodies of the government intend to provide support to citizens, to protect them from a price jump that destabilizes the market. In this context, an increase in the property criteria to 30% is being considered with the aim of increasing the number of recipients of the heating supplement in order to solve the […]
Increase in prices for essential goods by 10-15%
Development Minister Adonis Georgiadis advised citizens to remain calm in his speech on ERT1, keeping in mind the expected wave of price increases: “Since the global price increase for everything and everyone, from electricity tariffs to raw materials, will ultimately increase the total cost of goods and products. This is a phenomenon faced by all […]