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Fear of price speculation due to the situation created in the hydrocarbon market, has forced official Athens to put a ceiling on profit margins for fuel and grain traders in wholesale and retail outlets of these products.
The government decision was published by the Minister of Development Adonis Georgiadis, he announced on Tuesday evening that he will submit to the parliament within a few hours the bill which obliges traders to have a certain profit margin of products, because according to him with the Ukraine crisis , there have been cases of price abuse, especially in the fuel market in the country.
The government bill will determine the space that traders have to win, but we will never allow those who will try to abuse prices, at this very difficult moment for the country, said Gjergjiadhis in a radio interview.
According to him, the government has taken measures to prevent price chain increases in commodity products affected by the Ukrainian crisis, such as cereals and their by-products, as Greece imports large quantities of wheat from Ukraine and Russia.
Measures will also be taken for the price of meat and milk as well as their by-products to avoid abuses.
In cases where abuses are found, the fines are envisaged too severe, so no one will dare to try to get what they do not deserve, he said.
Georgia said Greece has large quantities of stored grain and there is no shortage of wheat and flour in the market.
A few days ago the government launched a package of energy subsidies, in which household consumers benefit up to 36 euros per month for the use of energy up to 300 kwh.
To better cope with the situation, Greece has called for the establishment of a common European fund which will carry out supportive interventions and support countries that have difficulty in securing energy investing in alternative energy sources.
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