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Tuesday
21
Jul 2026
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Athens 30°C

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Government and supermarkets agree voluntary plan to cut grocery prices from 31 August

Retailers and suppliers now have 10 to 15 days to turn Wednesday's framework agreement into a working plan, deciding which products qualify, how deep the discounts will go, and how they will be flagged on shelves. The scheme comes as food inflation holds at 2.7%

Greek supermarket basket remains cheapest, but Greece has the second-highest VAT rate in Europe

VAT remains a major factor in cross-country price comparisons, with Greece taxing many food products more heavily than most of the 10 markets examined

Theodoricacos: If food industries and supermarkets do not agree on price cuts, the cap should be extended for two months

Strict controls and fines are imposed on anyone who violates the law, the Development Minister said

Store opening hours today (5/4): What applies to supermarkets and shops ahead of Easter 2026

What applies to supermarkets and shops ahead of Easter 2026

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