Eye-watering prices for olive oil – 15 euros ($16.28) per liter for a decent Extra Virgin brand – and corporate gouging that hasn’t been stopped despite fines issued, has whacked many Greek households and shows no signs of stopping.
The New Democracy government has tried to rein in prices at the supermarket, even penalizing domestic and multinational companies cashing in as demand hasn’t abated enough to make consumers shy away from many branded products.
Source: The National Herald