Greek gov't announces measures to tackle greedflation

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Greek gov't announces measures to tackle greedflation

STORY: Greek gov't announces measures to tackle greedflation DATELINE: Sept. 21, 2023 LENGTH: 0:01:21 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of Greek Development Minister Kostas Skrekas at a press briefing in Athens 2. various of the Athens Municipality fish market 3. various of the Athens Municipality meat market 4. various of the Athens Municipality fruit market STORYLINE: Greece's Development Minister Kostas Skrekas announced a set of measures on Wednesday aimed at combating "greedflation," the practice of exploiting inflation to generate excessive profits, the Greek national news agency AMNA reported. "Although inflation has decreased in recent months, inflationary pressures remain in certain categories of goods and mainly food products. As a result, Greek households are having a hard time," Skrekas told a press briefing in Athens. According to the latest Eurostat data, Greece's annual inflation rate was 3.5 percent this August, and dropped from 13 percent in July to 10.8 percent in

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