Theodorikakos: In the first half of 2026 the National Market Supervisory Authority – Never stop interventions on the market

To the national authority against precision where Kyriakos Mitsotakis announced at Wednesday’s cabinetreported on Thursday morning the Minister of Development, Takis Theodorikakoswho explained that “the aim is” for the new principle to be fully formed and operate in the first half of 2026 “.

“The new beginning will not be a theoretical form, but a strong institution with a clear mission, means and powers to protect consumers and ensure healthy competition,” Mr. Theodorikakos told ERT, stressing that the new structure will follow AADE’s standard and will have strong responsibilities, organization and business independence.

He also clarified that ‘the new authority is not confused with Competition committeewhich remains responsible for dealing with cartels and is reinforced with 50 new executives. ” In this context, he assured employees of existing services who will be merged under the new National Authority that “no one is going to lose his job. No position is abolished. This reform is for the good of society and citizens. “

“Today the citizen does not know where to address complaints. Others go to the consumer’s lawyer, others in the regions, others in different services of the General Secretariat of Commerce. This confusion must be over, “the Minister of Development said

He explained that the new National Authority, which will have a 5 -year term selected through a competition and with procedures approved by the Parliament, three deputy governors and enhanced digital tools and responsibilities for immediate interventions in the marketIt came after “after studying the best European practices and came up with the model of a powerful, autonomous structure that will not be influenced by political alternations”.

“Our strategy has two parts: the growth course and the transfer of growth to the citizen’s pocket, through increased income and tax cuts, and market interventions to maintain prices,” continued Theodorikakos, who noted that “we do not create a new beginning. Income enhancement policy and market interventions are constant and never stop. “

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