The Greek government has secured a new agreement with the food industry to bring down supermarket prices, following talks between Development Minister Takis Theodorikakos and the Hellenic Food Industries Association. The meeting, which lasted about an hour, concluded with a decision to relaunch the price-reduction program introduced last year. Then, discounts ranged from 5% to 15% across 705 product categories, with 66 companies participating. This year's program is expected to follow a similar model, though the exact number of products included has not yet been specified. How the Program will Work The industry association pledged to inform its members of the government's request and encourage them to join the initiative by negotiating directly with supermarket chains. Retailers are also expected to participate voluntarily, increasing the discounts offered by their suppliers. Industry sources say most companies have already set their...