Greek consumers are set to benefit from price reductions on more than 1,000 supermarket products, as suppliers and retailers take part in a coordinated initiative supported by the Ministry of Development to curb the cost of living and ease inflationary pressures. More than 50 companies, including 10 of Greece's largest supermarket chains, have pledged to cut prices on a wide range of goods. According to market estimates, the reductions range between 4% and 22%, averaging around 8%. As of this weekend, lists covering about 400 branded products and 400 private-label items have been submitted to the Ministry. The final count of participants and product categories will be reviewed on Sunday by the General Secretary of Commerce, Sotiris Anagnostopoulos. The initiative combines efforts from both suppliers and retailers. Supermarket chains are contributing by lowering prices on their private-label ranges while also passing on discounts from...