12° Nicosia,
16 July, 2024
Home  /  News

E-kalathi's game-changing bill on the house floor

MPs favor e-kalathi's price comparison push

Maria Eracleous

Maria Eracleous

Before the House Trade Committee, the bill proposing the creation of the e-kalathi electronic platform was revisited, with no external attendees.

During the discussion among MPs, there appears to be a leaning towards advancing the bill, emphasizing the comparison of supermarket prices as outlined in the legislation.

Unanimously, it was decided that companies obligated to participate in e-kalathi should have an annual turnover of 5 million euros, an increase from the proposed 2 million euros in the bill.

A third modification concerns the products featured on the platform. MP Kostas Kostas suggested using common product codes instead of names, ensuring a more accurate comparison between similar products.

The bill is slated for further review in an upcoming committee meeting before being presented for a plenary vote.

[This article was translated from its Greek original]

Cyprus  |  economy  |  MP  |  money

News: Latest Articles