"The prices have dropped in 3,900 basic goods for every household so far. We have already checked that the prices of baby formula have dropped by 15 pct. We will not stop our efforts," Development Minister Kostas Skrekas noted during his visit to a major supermarket chain on Friday, the first day of the implementation of four government structural reforms to tackle the high cost of living.

Development Minister Kostas Skrekas on Monday welcomed the submission of a complete dossier on a proposed 220-million-euro investment for the foundation and development of the Thriasio Freight Centre, a Single Large Unit Business Park, saying that the submission of a mature licensing proposal to the ministry was "the first and most important step for the implementation of a flagship investment."