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Tue, Oct

Greece Cuts Prices on 1,660 Supermarket Products

Greece Cuts Prices on 1,660 Supermarket Products

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Greece’s National Price Reduction Initiative is set to begin Monday, with discounts on more than 1,660 product codes at supermarkets, as the government seeks to support households and contain the cost of essential goods.

The initiative currently includes more than 90 suppliers, 12 supermarket chains and three chains selling toys and school supplies. Participation remains open to additional businesses, and the list of products is expected to expand further before Monday.

The participating products include basic food items, everyday household goods, school supplies, private-label products and meat.

According to the latest available figures, about 900 branded products are included, with an average price reduction of 7% and individual discounts ranging from 5% to 30%.

More than 450 school-supply products have price reductions averaging about 10%, while 250 private-label products are being discounted by an average of 7%. Among 60 meat products, the average reduction is 7.2%. The category includes both Greek and imported meat, including beef.

Development Minister Takis Theodorikakos has described the initiative as a “national social agreement” aimed at supporting households, noting that

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