PM Mitsotakis Announces New Authority to Supervise Retail Markets

"In the last 11 months, we have strengthened control mechanisms, multiplied the maximum limits, intervened in cases such as insurance companies, achieved the lowest inflation in the EU, but we have found overlaps that confuse citizens," he said.

PM Mitsotakis announces new authority to supervise retail markets

Prime Minister Kyriakos Mitsotakis announced plans to establish a new and strong national authority to supervise the market and protect consumers, in his presentation during a cabinet meeting on Wednesday.

With the aim of strengthening consumer protection and modernizing the market supervision framework, the Greek government in the war against price increases announced an additional weapon, the establishment of a new Independent Administrative Authority, according to the standards of the AADE. The relevant decision was taken at the cabinet meeting on Wednesday, May 28 and presented by the Minister of Development, Takis Theodorikakos. Why was the n…

The Greek Prime Minister, Kyriakos Mitsotakis, has announced the creation of a new organization baptized "Autorité nationale contre la vie chère", which it presents as a flagship initiative, allegedly inspired by the Swedish model. This ad intervenes when the purchasing power of Greek workers ranks in the front-last place in Europe, the country holds the record for the cost of housing, and the effects of the privatization of the energy sector ar…

It is a principle that will operate in parallel with the competition principle, Prime Minister Kyriakos Mitsotakis argued during the cabinet meeting.

Prime Minister Kyriakos Mitsotakis referred to the establishment of a strong national authority that will undertake overall market supervision along with consumer protection, following the Swedish model, according to… K. Mitsotakis in the Cabinet: A national market supervision authority is being established – “When a Gordian knot cannot be untied, it must be cut,” he said about OPEKEPE - I NAFTEMPORIKI