The Greek government is taking urgent steps to combat profiteering, as announced by Vice President Kostis Hatzidakis and other ministers including Stavros Papastavrou and Takis Theodorikakos. Hatzidakis reassured that there is no issue with supply levels across all sectors, particularly in energy, while emphasizing that they are closely monitoring developments alongside European governments and will act when a clearer picture of the crisis emerges.

In the face of rising prices, the government is prioritizing the control of profiteering practices in the market. Hatzidakis stated that they will deploy all available measures to maintain reasonable profit margins in wholesale and retail sectors. Additionally, the government is moving forward with legislative initiatives to ensure these measures can be implemented swiftly to address the pressing economic conditions.

This announcement reflects the Greek government's proactive stance on economic challenges and its commitment to limiting excessive profit margins during a crisis. The emphasis on collaboration with European counterparts also indicates the interconnectedness of current economic issues across the continent, suggesting that Greece is not alone in facing these challenges, and thus, the measures could lead to broader implications in regional economic policy.