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Greek Government Official Discusses Banking Competition and Consumer Protection Measures

Sotiris Anagnostopoulos, Greece’s Secretary General for Commerce and Consumer Protection, addressed concerns about banking competition and consumer rights during a radio interview. He emphasized that simple solutions often fail to tackle complex issues, such as the ongoing challenges in the banking sector and the need for effective measures against abusive debt collection practices. Anagnostopoulos also noted that supermarket profits remain legally capped despite rising sales, and he confirmed ongoing discussions about festive consumer baskets for the upcoming Christmas season.

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