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Tuesday
30
Jun 2026
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Athens 34°C

> profit cap

> profit cap

Prices on basic goods frozen for two months, further de-escalation expected from September

The profit-margin cap expires on June 30, while reductions on around 2,000 product codes will remain in place throughout the summer and new interventions on basic goods are expected from early September

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

Today’s announcement on the profit cap on shelves and pumps against war profiteering

Mitsotakis goes to the Presidential Palace at 11 am for the regular meeting with Tasoulas and is expected to give an indication of his intentions