Manos Konsolas: Price caps on fuel and food to protect households from rising costs
New measures imposing caps on profit margins for fuel and essential food items were presented in Parliament by Dodecanese MP and New Democracy rapporteur Manos Konsolas, who emphasized that these measures are “only the beginning” of broader efforts to protect society and Greek households.
According to Mr. Konsolas, the government is introducing an initial package of interventions aimed at tackling profiteering and limiting price increases in essential goods, amid ongoing international economic pressures.
Specifically, a cap is being set on profit margins for fuel trading companies and retail fuel stations. The wholesale margin is limited to up to 5 cents per liter, while retail price increases for gasoline and diesel cannot exceed 12 cents per liter.
In addition, a profit margin cap is introduced for 63 essential goods, based on their average profit margins in 2025. The list includes staple foods such as bread, rice, pasta, meat, fish, and dairy products, as well as household and personal care items.
Mr. Konsolas also highlighted stricter controls and penalties, noting that fines for violations can reach up to €5 million and may double in cases of repeated offenses.
Special reference was made to island regions, where additional support measures—such as a potential fuel pass—may be considered due to higher transportation costs.
Concluding, the MP stressed that the government remains committed to supporting citizens and mitigating the impact of international developments and geopolitical tensions on everyday life and the economy.
