Development Ministry
Attica Group, ONEX Group sign MoC worth 1 bln euros
Attica Group and ONEX Group signed on Friday a memorandum of cooperation (MoC) for the green transition of Attica Group's ferry fleet and potential contributions by ONEX's subsidiary companies at the Elefsina and Syros island shipyards, worth one billion euros.
‘Christmas Basket’ to start next week
The "Christmas Basket," the government measure presenting and comparing the prices of several seasonal goods, is returning this year, the Development Ministry announced on Monday.
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More fines for multinationals
Development Minister Kostas Skrekas on Wednesday announced the imposition of fines on two more multinational companies, which, as in the two previous cases a few days earlier, are active in the categories of personal hygiene, personal care and beauty, as well as in the category of household items (cleaners, detergents etc).
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Greece fines local branches of J&J, Colgate-Palmolive for alleged breaching of profit cap
Greek authorities on Wednesday announced fines totaling 1.67 million euros ($1.81 million) on the local branches of two US-based health care and consumer products giants for alleged breaches of a profit cap imposed amid Greece's cost-of-living crisis.
Greek ministry to start probing influencers
With the assistance of digital tools from the European Commission, Greece's Development Ministry will investigate the commercial practices used by influencers on their social media accounts in the coming weeks in order to protect consumers from misleading commercial practices.
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Authorities to probe influencers’ social media commercial practices
The Development Ministry, supported by digital tools provided by the European Commission, will conduct an investigation into the commercial practices employed by influencers on their social media accounts in the upcoming weeks. The primary aim is to safeguard consumers from deceptive commercial tactics.
Students’ Basket to make its debut Wednesday
Another basket targeted at consumers and, in theory, offering attractive prices will be introduced Wednesday. This time, it's the Students' Basket, since schools start on September 11.
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Greece, Israel utilizing innovation in defense cooperation
A model of cooperation between Greece and Israel in the field of research and development in the defense industry, based on financial instruments and innovation structures already in place on both sides, was discussed on Monday in Tel Aviv by the two countries' defense ministers, Nikos Dendias and Yoav Gallant.
Household Basket extended
The Development Ministry on Friday announced the extension until the end of this year of both the "Household Basket" measure and the ceiling on profit margins in food and fuel, both of which were due to expire.
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Is the Household Basket nearing its end?
The relentless rise of food prices is expected to be the biggest headache for the Development Ministry's new leadership.
The challenge is even greater as this Friday the much-touted Household Basket measure expires, as does the provision on the ceiling on profit margins for a range of essential commodities.
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