Greece - PricingGreece - Pricing
Greece has no price controls, except for pharmaceutical and food items. When pricing their products, firms should consider payment and credit terms. Orders are usually small, and Greek importers will request special consideration if a U.S. supplier requires large orders.
The Greek government regulates the price of pharmaceuticals, and its methodology has been a source of debate for years. Pharmaceuticals prices are among the lowest in the EU, but the Greek government has established a pattern of falling behind on payments for as much as over a year to pharmaceutical suppliers.
Certain food prices, particularly on fresh products like fruit and vegetables, are subject to monitoring by the Ministry of Economy, Development & Tourism. Greek fruit and vegetable importers generally expect a C.I.F. quotation, except when the purchasing company does a large amount of direct buying and provides its own insurance. American firms should be prepared to quote prices on whatever basis is preferred by the prospective buyer. Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
The Greek government regulates the price of pharmaceuticals, and its methodology has been a source of debate for years. Pharmaceuticals prices are among the lowest in the EU, but the Greek government has established a pattern of falling behind on payments for as much as over a year to pharmaceutical suppliers.
Certain food prices, particularly on fresh products like fruit and vegetables, are subject to monitoring by the Ministry of Economy, Development & Tourism. Greek fruit and vegetable importers generally expect a C.I.F. quotation, except when the purchasing company does a large amount of direct buying and provides its own insurance. American firms should be prepared to quote prices on whatever basis is preferred by the prospective buyer. Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.