The Greek government has mettings with Supermarket owners and dairy producers

The government is concerned that rising prices and inflation of 4.6 percent – a six-year high – could do irreparable damage to its popularity.

Development Minister Christos Folias
has been holding meetings over the past few days with representatives
from a range of industry sectors in a bid to convince them to lower
their prices.

He appeared to have secured a
breakthrough with supermarket owners yesterday. The businessmen did
not indicate by how much they are prepared to reduce their prices.

Dairy producers also notified Folias of
their intention to review their prices and cut the cost of some items
in the next few days.

According to figures released yesterday
by the European Union’s statistical arm, Eurostat, the price of
foodstuffs in Greece rose by 7 percent over the last year.