Energy · Greece

Meeting in Maximos Mansion to Address Price Increases

7 sourcesFirst reported 23 days agoUpdated 23 days ago

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A meeting was held to discuss price reductions, led by Prime Minister Mitsotakis.
Participants included government officials and representatives from the food industry.
The meeting focused on combating food price inflation and establishing profit caps.
Further announcements regarding the meeting outcomes are expected at 14:00.
The government's approach aims to support consumers and small businesses.

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A meeting took place at the Maximos Mansion on June 29, 2026, chaired by Prime Minister Kyriakos Mitsotakis, focusing on tackling rising prices in the Greek market. Participants included prominent government officials such as Deputy Prime Minister Kostis Hatzidakis and Minister of Development Takis Theodorikakos, as well as representatives from various industry sectors. The central theme of the discussions centered around the proposed price caps on profit margins for food items, reflecting the government's concerns about inflation's impact on consumers.

As part of the government's strategy to address inflation, immediate and horizontal price reductions are being sought. This initiative is positioned as a top political priority, especially given its significance for the ruling New Democracy party in the context of upcoming elections. The meeting aimed to establish a "gentlemen's agreement" among business leaders to help stabilize prices, with further announcements expected shortly afterward detailing the outcomes and plans discussed. The economic challenges posed by external factors, including the ongoing consequences of global conflicts, were also acknowledged as contributing pressures on the domestic market.

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Meeting in Maximos Mansion to Address Price Increases

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