Keravnos who served as Finance Minister in the government of Tassos Papadopoulos and is a senior member of the centre-left DIKO party is widely credited for bringing state-finances under control.
He says oil prices have been rising for several years now and that is nothing new. Other factors causing price increases are high real estate prices feeding into higher rentals, the professional services (lawyers, doctors, plumbers, electricians and others) continuing to over-charge customers while underestimating their income and as always, the retailers greed in jacking up prices more than warranted.
“Until now they (government of Christofias) have been feeding the public political explanations, but it no effective measure have been taken to curtail the problem.”
