Mitsotakis vows to take up fight against multinationals selling more expensive in Greece

“We are not a Banana Republic,” Greek prime Minister said vowed to take up fight “against multinational and national companies that sell their products at much  higher prices than elsewhere.”

In an interview with ANT1 TV late on Wednesday and speaking about the high prices in the food and essentials in the market, Mitsotakis  acknowledged that prices are still high, but argued that “we are seeing the beginning of the end in terms of rising inflation.”

As for olive oil prices that skyrocket week by week, the Premier blamed a “global phenomenon,” and once again dismissed the prospect of a VAT cut and he  highlighted government actions to tame high prices.

He also claimed that when prices fall, income increases will remain.

With the controls on the market not bringing any satisfactory result, the prime minister chose to send a “message” to companies and multinationals that are making a profiteering.

“If some people think that Greece is a banana republic and they sell the same products at different prices, they are in deep trouble. If necessary, we’ll deal out with them and we;ll do it. Be patient and you will see,” Mitsotakis warned.

He stressed that he is “interested in the progress of the economy having an impact on each and every one, i.e. better salaries in both the private and public sectors”.

PS Following Mitsotakis’s warning On Wednesday night, I was not able to find the usual 1-liter olive oil bottle I order via the website of a big supermarket on Thursday morning…

On social media posts, Greeks wrote that some super markets in northern Greece have imposed a cap of up to 3 bottles of olive oil.

And to think that they still sell oil pressed last year, when it was almost half of today’s price.