Chatzitheodosiou: Why should we wait until September for price reductions?

The president of EEA, Giannis Chatzitheodosiou, welcomes the agreement for price reductions from September, but calls for the immediate implementation of measures against high prices, pointing out that households and small and medium-sized enterprises cannot wait.

Chatzitheodosiou: Why should we wait until September for price reductions?

This article is an AI translation of an original piece published in Greek. Read original

Statement by President of E.E.A, Honorary Doctor of PA.PEI. & Agricultural University of Athens Mr. Giannis Chatzitheodosiou – regarding the announcements of the Minister of Development

“According to what Minister of Development Mr. Theodorikakos stated, at the meeting held under the Prime Minister at the Maximos Mansion and with the participation of representatives of industry and supermarkets, there was a common understanding on the issue of the need for price de-escalation and from September we will see a drastic reduction in prices of basic products.

We welcome this development, hoping that the nightmare of high prices will finally end for the entire Greek people, but at the same time we also express a question. Why should we have to wait until September to see these drastic reductions? Since there is a national social agreement, as Mr. Theodorikakos described it, what prevents its immediate implementation?

The pressures that have been exerted in recent years on households and small and medium-sized enterprises -even before the war in the Middle East broke out- are enormous. Every day that passes is extremely important for every consumer as their income is dramatically reduced. There is no time for delays in the implementation of measures that will address high prices, and this must be understood by everyone.

Policies are required here and now that will stop increases in basic goods and energy, but will also provide a prospect of sustainability and growth for every small and medium-sized enterprise in the country”.

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