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Specific measures to deal with accuracy are recommended by AECHMI

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    Specific measures to deal with accuracy are recommended by AECHMI – What he says in the announcement

    The recommendations for dealing with accuracy and inflation are made in an announcement issued by the Democratic Movement for Change Eichmi. Stating that the Cypriot households can no longer cope, due to the exactness and that the cost of living is unaffordable, for the crafts and businesses, AECHMI proposes “two specific measures to deal with inflation, as it happens in other European countries” :

    The first measure concerns a “gentlemen's agreement”, with the main traders in the market, so that there is a hold on prices. In this regard, AECHMI cites the example of Greece, where by law the Government does not allow businesses to have a higher percentage profit, in the post-pandemic period, than in the pre-pandemic period.

    The second measure it recommends AECHMI is “Name and Shame”. As mentioned, the Government has the right to publicly name (through newspaper and website entries) the companies that did not reduce the prices of products on which the VAT was reduced.

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    Source: cyprustimes.com

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