'PosoKanei': What the new app brings for consumers – How price comparison works
Translated from Greek, summarized and contextualized by DistantNews.
At a glance
- A new application called 'PosoKanei' was launched in Greece to help consumers compare prices.
- Prime Minister Kyriakos Mitsotakis stated the app gives Greek consumers a weapon against high prices and the increased cost of living.
- The application allows for real-time comparison of prices in Greece and abroad, particularly for multinational companies.
Greece has launched a new digital tool aimed at empowering consumers in their battle against rising prices. The application, named 'PosoKanei' (meaning 'How much does it cost?'), was presented at the Maximos Mansion in the presence of Prime Minister Kyriakos Mitsotakis.
Mitsotakis emphasized that the app provides Greek consumers with an additional "weapon" to combat inflation and the escalating cost of living. He highlighted its capability to offer real-time price comparisons, not only within Greece but also against international markets, with a specific focus on the pricing strategies of multinational corporations.
The Greek consumer gains another “weapon” in the battle against high prices and the increased cost of living.
The introduction of 'PosoKanei' signifies a government effort to increase price transparency and foster competition. By enabling consumers to easily check and compare prices, the platform seeks to drive down costs and provide greater value for shoppers navigating an increasingly expensive economic landscape.
We now have a real-time comparison of prices in Greece and abroad, and this particularly concerns multinational companies.
Originally published by Kathimerini in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.