Greek government to take administrative measures for reduction of infant formula pricing

Price checks for profiteering on infant formula continue, Development Minister Kostas Skrekas told Skai TV on Friday, following media reports by the opposition, ANA reports.

“The reform that allowed infant formula to be sold at supermarkets has not brought the expected results, and pricing is inexcusable,” Skrekas said, referring to the expansion of the sale of infant formula beyond pharmacies. He underlined that the results of inspections would lead to administrative measures that could bring a drop in pricing, while he added that there was a meeting with supermarket representatives on Thursday.

“High prices are the greatest problem for households, and inspections will continue,” Skrekas said, noting that a fine was leveled on an air conditioning company Thursday for profiteering and that companies that are fined need to adjust their prices.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Hyper nova

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