BUSINESS

Valeriu Tabara wants dual price tags for hypermarket foodstuffs

Agriculture Minister Valeriu Tabara said he would propose the European Union to pass a decision making it mandatory for hypermarkets to display dual foodstuffs price tags showing both the producer price and the end price including the value-added price, Realitatea.net reports. It is the holiday season and retailers take advantage of it to raise product prices, Tabara told Realitatea TV. According to the minister, other countries too, including Hungary, Italy and Germany, favour retailer-levied tax on producers being scrapped. The minister believes that, if the good practice law is applied in fair fashion, taxes, and consequently, prices too will get lower. The minister also said no product connections are in place that could lead to lower-priced foodstuffs.

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