Thursday November 27, 2014 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Restrictions on special offers at retail stores to be lifted

By Dimitra Manifava

The Development Ministry is considering lifting all restrictions concerning special offers at retail stores so that they can take place at any point during the year in order for traders to liquidate stock when they need to.

The existing regulations will be replaced by a code of conduct to protect consumers from abuse where special offers are concerned, as well as promotional activity and sales. The code is scheduled to be issued by October 7 through a Development Minister decision.

Ministry sources say that while the code will allow traders greater flexibility, it will also make the framework whereby sales and special offers are communicated and advertised easier and much more succinct.

The code will be based on that which applies in the United Kingdom, which clearly describes the various forms of offers and restrictions. In response to reservations expressed mainly by consumer groups, the ministry stated, “Codes often tend to be stricter than laws.”

The ministry has not yet decided on how binding the code will be. Although it will be imposed through a ministerial decision, it remains unknown whether violators of the existing regulations will have their penalties canceled. It is possible that a committee of employer and consumer group representatives will be tasked with the supervision of the code’s implementation.

ekathimerini.com , Thursday September 4, 2014 (23:08)  
Wednesday’s stock gains wiped out on Thursday
Lower provisions and energy costs boost Greece´s PPC Q3 profit
Eurozone loans to private sector still contracting: ECB
Eurozone economic sentiment rises slightly in November
Independent Greeks MP claims bribe attempt
Independent Greeks MP Stavroula Xoulidou told a Supreme Court prosecutor Thursday that someone claiming to be a New Democracy member approached her via Facebook and offered her up to 3 milli...
Greek FM starts 3-day trip to Turkey on Saturday
Foreign Minister Evangelos Venizelos starts a two-day visit to Turkey on Saturday for talks with his Turkish counterpart Mevlut Cavusoglu. Venizelos, who is also Greece’s deputy premier, is ...
Inside News
SOCCER
Atletico drubs Olympiakos 4-0, leaving Reds with slim chances of CL qualification
Atletico Madrid avenged its 3-2 defeat in Piraeus in September with a 4-0 win over Olympiakos on Wednesday, meaning the Greek champion only has mathematical hopes left for a spot in the next...
SOCCER
Atletico eyes last 16 berth against Olympiakos
Greek champion Olympiakos faces a tough task if it is to prevent last season's beaten finalist Atletico Madrid sealing its passage into the last 16 of the Champions League at the Vicente Cal...
Inside Sports
COMMENTARY
Scraping together the 180 MPs will not be enough
Even if the coalition government was to scrape together the 180-MP majority it needs to elect a new President in the 300-seat House, skeptics say, what will change really? There is one evide...
EDITORIAL
Taking back what’s stolen
A large group of public prosecutors and state officials (coming from various departments) have been working on major corruption cases. Of course it is their duty to do so, yet their actions ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Independent Greeks MP claims bribe attempt
2. Greek FM starts 3-day trip to Turkey on Saturday
3. Wednesday’s stock gains wiped out on Thursday
4. Aristotle University professor apologizes for ‘fascist’ comment
5. Deputy mayor of Iraklio hospitalized after attack
6. Man, 77, detained in Omonia for molesting 12-year-old
more news
Today
This Week
1. Greece paralyzed by major strike, flights cancelled
2. Greek diplomat dies in fall under Thai train
3. Greece scrambles to find food, shelter for 700 migrants on crippled ship
4. Chief suspect in Piraeus bar shooting arrested
5. Scraping together the 180 MPs will not be enough
6. Troika talks to continue after failure to wrap up negotiations in Paris
Today
This Week
1. Give Greece a chance
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Scientists expand excavation of ancient Amphipolis
4. Extremism from a bygone era
5. Piraeus nightclub shooting leaves 3 seriously injured
6. Cosco’s Greek unit adds multinational rail-freight client
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.