In Greece it has come to them having to cut prices of their medicines by up to a fifth to help out other places throughout the EU. The pharmaceuticals were re-priced this week which works out at 27% cut for what is the most expensive.
"It will be a big issue for the country. Although it is a relief for the social security system, low prices will fuel parallel trade, so products will go out of the country," Yannis Chryssospathis, the association's legal counsel, said in a telephone interview.
The Hellenic Association of Pharmaceutical Companies have explained that they are taking into consideration that they may take legal action.
