Athens
09
12
2022
GOVERNMENT

Amendment for 'Santa's basket' concerning children's toys tabled in parliament

Businesses specializing in the sale of children's toys, whose total annual turnover exceeds one million euros per year, will send to the Hellenic Ministry of Development and Investments, at regular intervals, a list of children's toys ("Santa's basket") from December 14th, 2022 to January 11th, 2023.
Businesses specializing in the sale of children's toys, whose total annual turnover exceeds one million euros per year, will send to the Hellenic Ministry of Development and Investments, at regular intervals, a list of children's toys ("Santa's basket") from December 14th, 2022 to January 11th, 2023.

The amendment for 'Santa's basket' concerning children's toys was tabled in parliament on Friday.

The companies will include at least one product from each product category included in the "Santa Claus basket" which will be available at an affordable price, especially compared to other products of the same category.

More specifically, the obligees include at least 1 product from each category of products included in the "Santa Claus basket", if they have products of this category, and make them available at an affordable price, especially compared to other products of the same category, informing consumers that come to their physical or digital stores, in terms of the composition of the "basket" they recommend. This information is provided by any appropriate means, in particular with lists, brochures and, mandatory, with special markings on the products or their sales area.

Obligees must place a clear special sign in the sales area (shelf) of the products participating in the "Santa Claus basket", as well as a clear list of the products that make up the "basket" in a prominent place at the entrance of the store, including the prices at which the products are offered. In addition, the obligees will ensure that the products participating in the "basket" are in their stores in sufficient quantity and are made available to the consumer without interruption. A fine of 1,000 to 10,000 euros is imposed for each violation of this provision.

The list of products participating in the "Santa's basket" and their prices are set freely by businesses. For the prices of the products that make up the "basket" proposed by each company, Article 58 of Law 4818/2021 (A' 124), on unfair profit-making, is applied accordingly, where the gross profit margin per product unit is not allowed to exceed corresponding gross profit margin per product unit before December 1, 2021. The products in the catalog may vary each time a new catalog is sent by the mandatory to the Ministry of Development and Investments.

List of products included in the "Santa Claus basket" can also be sent by other businesses that are not included in the above obligations, but any business that sends a list of products must comply with it.

The non-sending of a product catalog or the incomplete sending of a product catalog by the debtors is punished by an administrative fine of 5,000 euros for each day of delay in sending the catalog.

By decision of the Minister of Development and Investments, the categories of products that are part of the "Santa Claus basket", the frequency of sending the list of products by the debtors, the authorities responsible for imposing the present sanctions, the control procedure, the procedure collection of fines and any other more specific issue related to the implementation of this.

It is recalled that as announced by the Minister of Development and Investments, Adonis Georgiadis, the "Santa's basket" includes the following 10 categories of toys: Babies, puzzles, action figures, constructions, vehicles, electronics, remote-controlled, sports, tabletop, dolls and soft toys.

tags: Economy Greece