“Pricing Police" by the Greek government

The Greek government fears a consumers crash as people from September will face a new round of unsustainable tax obligations, while the decline in prices has begun but is not moving at the desired pace.

The fear of a consumers cessation in the market leads the government to use every measure possible to unblock problematic areas and emphasize in the controls through a special body of controllers that will operate autonomously.

For this purpose, it will enhance the services that come under the Ministry of Development and have the responsibility of monitoring the market, of competition cases, Market Inspection Police affairs etc.

Also, to overcome the delays caused by the constant transfer of folders by the Financial Crime Unit, Greek officials are considering measures to conduct the Ministry of Development audits independently and under priority in order to implement more rapidly the sighting of the market and put pressure for lower prices and combating practices that affect the pockets of consumers.

As newmoney.gr mentions, the government planning provides for interventions in the fuel market, particularly in storage and transportation.

The Ministry of Development in coordination with that of Finance is considering creating an operator to deal with fuel stocks in an attempt to reduce the impact on consumers by the constant rise in prices but also to establish reserves for the Greek State.