2024-06-25 08:12:41
The brand new management of the Ministry of Improvement, which the Prime Minister visited yesterday in an effort to underline the significance the federal government attaches to the problem of costs, seeks fast successes on the accuracy entrance. Mr. Takis Theodorikakos can have conferences within the subsequent few days with the managements of supermarkets and meals industries with the purpose of persuading them to scale back the costs of fundamental merchandise. Companies seem cautious, arguing that revenue margins have shrunk.
The principle objective is to scale back meals costs
By Stavros Papantoniou
The main target teams at Megaros Maximos depart no room for misunderstandings. The federal government within the latest elections paid – primarily – for its incapability to handle fundamental on a regular basis points. Yesterday’s go to by Mr. Kyriakos Mitsotakis to a ministry that could be a crown for on a regular basis life marks the Prime Minister’s try and ship a message of “restart”, as he has stated.
The guess for the federal government just isn’t solely the autumn of inflation, however that the outcome may be seen on the grocery store cabinets.
The go to to the Ministry of Improvement was not formal, because it was additionally accompanied by bulletins, whereas the Prime Minister publicized his determination to increase for an additional six months the interventions which have already been made with the purpose of containing costs. “Our determination is to proceed implementing daring structural interventions, which we now have already made available in the market, for at the least one other six months,” stated the prime minister, stressing that they’ve already “began to deliver the primary outcomes”, as in Might “we had the seventh lowest inflation in Europe, beneath the European common, and we’re beginning to see indicators of worth deflation as effectively.” Mr. Mitsotakis, nevertheless, emphasised that the objective just isn’t solely the autumn of inflation, however that the discount be seen additional on the cabinets of supermarkets, which he stated he believes will occur quickly.
European dimension
The prime minister, nevertheless, didn’t fail to repeat that the phenomenon of punctuality additionally has a European dimension, recalling his letter to the president of the European Fee on the problems of sensible multinational firms, which – as he stated – triggered many discussions and the response of the opposition, which it in all probability doesn’t deter him, stating that he’ll insist on this challenge, “which also needs to occupy the strategic agenda of the European Union for the subsequent 5 years”.
For the federal government, accuracy just isn’t an financial drawback, however a political and social one, undermining social cohesion itself. Therefore, throughout his go to to the Ministry of Improvement yesterday, the Prime Minister, for the primary time, made a gap to the enterprise world with such readability. “We additionally want wholesome entrepreneurship on our facet, whether or not we’re speaking concerning the massive Greek producers or we’re speaking concerning the grocery store firms, the Greek retailers. We should understand that it is a guess that we should and we are going to all win collectively,” he stated characteristically, asserting new controls available on the market. “DIMEA is a crucial achievement of the ministry”, he emphasised, asserting that 30 extra officers might be added “for specialised checks available on the market”.
For his half, the Minister of Improvement Takis Theodorikakos famous that the Ministry of Improvement “has two crucial missions that concern all the financial system and society: the primary is to do all the pieces in our energy for the sleek functioning of the market and the enterprise competitors, with the principle goal of de-escalating costs and naturally strengthening measures to take care of profiteering”, however alternatively he emphasised that the Ministry of Improvement just isn’t solely a ministry of costs and customers, however has a “crucial position to play in supporting the expansion dynamics of the Greek financial system, in creating extra jobs”. Mr. Theodorikakos additionally talked about analysis and innovation, which is a definite portfolio, which may supply loads to growth, with new jobs.
“Massive “gamers” should again off”
By Dimitra Manifava
“Gents’s agreements” with grocery store chains and meals industries, in an effort to instantly cut back the costs of fundamental foodstuffs, might be sought within the subsequent interval by the brand new Minister of Improvement Takis Theodorikakos. The objective of the brand new management of the Ministry of Improvement is the sooner de-escalation of inflation and particularly meals inflation, wishing to assist households and particularly these belonging to the bottom earnings classes. On the similar time, among the measures that have been legitimate till June 30, 2024 have been determined to be prolonged till the top of the yr, whereas measures that have been everlasting will lastly be legitimate till December 31, 2024.
The brand new Minister of Improvement Takis Theodorikakos can have conferences with market gamers within the close to future with the purpose of controlling costs.
“Within the close to future I’ll have conferences with the associations of supermarkets and meals industries, in addition to with key “gamers” of the market. It’s as much as all of us to make sure stability and social cohesion. Corporations in lots of industries want to chop costs and drop the weighted common revenue. Some massive “gamers” need to again off”, stated Mr. Theodorikakos characteristically throughout the first informational assembly he had with representatives of the media. Within the subsequent part, the Minister of Improvement may even maintain conferences with representatives of multinational firms.
Within the context of the activation of all forces to take care of accuracy, Mr. Theodorikakos can have consultations within the subsequent interval with the Shopper Advocate, the president of the Competitors Fee, with the minister declaring that the Authority ought to be strengthened, as and with shopper organizations.
“Family Basket”
On the similar time, the implementation of measures that had already been taken for the reason that interval when Adonis Georgiadis was Minister of Improvement, in addition to the measures that began to be carried out from March 1, 2024, throughout the ministry of Kostas Skrekas, will proceed till the top of 2024. Thus, the measure for the “family basket”, which began on November 2, 2022, receiving steady extensions in its implementation – the final one ended on June 30, 2024 -, will proceed till December 31, 2024. The identical might be achieved with one other older measure, the ceiling on commodity revenue margins.
Then again, three of the 4 Skreka measures that had been introduced as everlasting have been lastly determined to be in power till the top of 2024, a transfer which is made, amongst different issues, within the context of looking for consensus with the market. These are the measures: a) the discount of advantages by at the least 30% of suppliers to retailers and the switch of the profit to the listing worth, with the purpose of decreasing costs and limiting fictitious provides, b) the ceiling on the gross revenue margin for child milk and c) “clear” costs on contemporary merchandise, a measure that offered for a credit score tariff of as much as 3% just for returns of merchandise or inventory.
The fourth of the Skreka measures, the one regarding the three-month ban on promotions in case of earlier worth will increase, was in any case till December 31, 2024 beneath Regulation 5082/2024.
Lastly, the Minister of Improvement introduced that the Interagency Market Management Unit (DIMEA) might be strengthened from July 1 with 30 individuals.
The six-month extension of the revenue margin ceiling was a unfavourable shock for the grocery store chains. “The earlier management of the Ministry of Improvement had informed us that the measure can be lifted on the finish of June 2024,” the top of METRO AEVE and president of the Greek Grocery store Affiliation, Aristotelis Panteliadis, informed “Okay”. Requested to touch upon the minister’s statements concerning the rapid worth discount of fundamental merchandise, Mr. Panteliadis reserved his reply till he met with Mr. Theodorikakos. He argued, nevertheless, that “gents’s agreements” couldn’t exist, including that “the objective of not simply slowing inflation, however unfavourable inflation throughout the board, may be very troublesome to realize as value elements reminiscent of vitality, rates of interest stay at excessive ranges, whereas wages at the moment are growing, and are growing effectively.” Lastly, he refuted the argument concerning the excessive profitability of supermarkets, stressing that there are even massive chains with losses.
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