Basilis Korkidis, the President of the Hellenic Confederation of Commerce and Entrepreneurship (E.B.E.P), has called for a reevaluation of the recently implemented government measures against profiteering within two weeks. This statement follows the Greek government's emergency actions aimed at addressing the escalating prices of essential goods, particularly fueled by increases in international oil and gas prices. Korkidis noted that these measures are a necessary initial response to combat the chain reactions of inflation impacting households and businesses alike.

Korkidis expressed concerns over the growing uncertainty and the impending wave of inflation that threatens to burden the Greek economy further in light of the geopolitical tensions in the Middle East. He acknowledged that the government’s interventions are aimed at mitigating the immediate effects of rising costs, which are evident as households struggle with increased living expenses due to international market fluctuations. The economic landscape is delicately poised, and he stressed the importance of timely government action to safeguard economic stability.

Furthermore, Korkidis pointed out that the duration and severity of the current crisis will significantly influence the effectiveness and timing of the necessary measures. He noted that continuous monitoring and assessment of the situation is essential to ensure that the interventions are relevant and sufficiently robust to protect the citizens and the economy from further destabilization and to curb potential speculation in the market.