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Maximos Mansion talks on “gentlemen’s agreement” to cut shelf prices: The role of the profit cap
At 12:00 today, a meeting will be held at Maximos Mansion between PM Kyriakos Mitsotakis, Development Minister Takis Theodorikakos & representatives of the business community, in an effort to reach a “gentlemen’s agreement” aimed at delivering noticeable reductions in the prices of basic consumer goods on supermarket shelves
Customs duty exemption for small parcels from China ends: Platforms pass on charges, consumers cancel orders
Even if an order has already been placed “without the three-euro fee”, if it passes through customs after 1 July, the courier may request an additional charge for delivery
Greek Defence Industry: A last major opportunity and the open challenge of the 25% local participation rule
The €30 billion rearmament programme, new investments by METLEN and GEK TERNA, the push to formally establish a 25% Greek industrial participation requirement, and the "Greek Dome" missile defence project moving toward final approval
Electricity Bills: Greece to end 50-year system of collecting municipal fees through power bills – Why the change is happening
European pressure for "clean" energy bills, concerns from municipalities, and the challenge of implementing a new collection system are driving the reform. Third-party charges have long blurred the true cost of electricity
Oil prices plunge 10% for the week as Hormuz traffic resumes; Brent settles at $71.99
Higher tanker traffic through the Strait of Hormuz and easing supply concerns drove oil to its steepest weekly decline in months. Brent fell 4.34% on Friday, while WTI slipped below $70
Strong Greek footprint in the EU’s new grids package – Interconnections and energy security at the forefront
The EU adopts a new strategy for energy grids, with Greece playing a key role in advancing the view that electricity networks should be treated as a European, rather than purely national, responsibility
Volkswagen is considering cutting up to 100,000 jobs and closing factories
The Volkswagen Group is considering cutting costs by 11 billion euros by the end of the decade and closing four plants in the medium term—unions are pushing back
