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Greece Takes Aim at Price Gouging as War-Driven Energy Shock Squeezes Voters

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Greece Takes Aim at Price Gouging as War-Driven Energy Shock Squeezes Voters

Greece's government has warned businesses that it will not tolerate companies using soaring energy costs as cover to fatten their profits. It promised new measures against price gouging as the cost of living becomes the defining issue ahead of national elections. "Profiteering on the pretext of rising costs will not be tolerated," Development Minister Takis Theodorikakos told Parapolitika radio. Price increases that reflect higher costs are reasonable, he said, "but increases linked to higher profit margins cannot be accepted at this time." The warning shows how governments across Europe a

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