The annual inflation was near 18% last month
The British island, located off the coast of France, has no capital gains or inheritance tax
Papoutsanis pre-tax profits increased by 46% to 1.1 million euros in the first quarter of 2022, while turnover amounted to 14.9 million euros, an increase of 45% compared to the first quarter of 2021. Profits after taxes amounted to 0.8 million euros compared to 0.5 million euros in the corresponding period of 2021, showing an improvement of 40%.
The embargo against Russia is considered one of the factors behind high food prices