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EU PolicyWatch

Database of national-level policy measures

Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure GR-2022-14/2315 – measures in Greece

Obligation to declare stocks of basic goods to avoid profiteering

Eparkia agathon kai antimetopish aishrokerdias (Επάρκεια αγαθών και αντιμετώπιση αισχροκέρδειας

Country Greece , applies nationwide
Time period Open ended, started on 28 March 2022
Context COVID-19, War in Ukraine
Type Legislations or other statutory regulations
Category N/A
– Other
Author Elena Kousta (INE GSEE) and Eurofound
Measure added 18 May 2022 (updated 20 June 2022)

Background information

Due to the war in Ukraine and the fear of possible shortages of basic goods, the government introduced measures in order to ensure the normal function of the supply chain of basic goods and to prevent unfair commercial practices.

With law 4916 (article 87) on 28 March 2022 and the Joint Ministerial Decision (KYA) no. 1368 on 4 April 2022, introduced the obligation of declaring the existing actual stocks on specific agricultural and food products in an electronic platform, especially designed for this reason.

Content of measure

The government introduced an emergency measure to declare stocks of agricultural products and foodstuffs, which provides for the following:

  • All businesses (producers, importers, marketing, sales and distribution) must declare available stocks in some categories of goods such as: fertiliser raw materials, liquid and solid fertilisers, animal feed, cereals and flour consumed by humans and vegetable oils.
  • The declaration of the above mentioned goods, must be completed within two days, in a specially designed platform of the Ministry of Development by selecting the link "Stock Declaration". Τhe activation of the platform started on 4 April 2022.
  • The updating must take place at least once every five days.
  • The obligation shall apply for three months beginning from 28 March and may be extended.
  • The law provides for imposition of fines for non-compliance to the obligation.

Use of measure

There is no relevant data.

Target groups

Workers Businesses Citizens
Does not apply to workers Other businesses
Does not apply to citizens

Actors and funding

Actors Funding
National government
Company / Companies
No special funding required

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement No involvement
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: N/A

Involvement

There was no involvement of social partners.

Views and reactions

There were no social partner's reactions to the measure.

Sources

Citation

Eurofound (2022), Obligation to declare stocks of basic goods to avoid profiteering, measure GR-2022-14/2315 (measures in Greece), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/GR-2022-14_2315.html

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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.