Greek government freezes supermarket food prices for two months
The Greek Ministry of Development, led by Minister Takis Theodorikakos, announced that prices of around 2,000 food and basic household products will be frozen for the two summer months of July and August. The freeze follows a profit‑margin ceiling (plafon) that reduced those items by roughly 6% and expires on 30 June; the agreement ensures no further price rises during the summer period.
A subsequent “national social agreement” is planned for early September, aiming to extend significant price cuts to a broader basket of essential goods through at least December. The government, industry representatives and supermarket chains reached the accord in a meeting at the Maximos venue, pledging to maintain the reduced prices and to translate recent declines in international oil prices – after the end of the Middle‑East conflict – into lower energy costs for consumers. The measures are intended to ease the cost of living for Greek households.