Sales promotion

The next four companies, identified by the operation of the digital misleading rebate detection tool used by the Ministry of Development audit services, were notified of the fines, just as had happened before the first announcement of the five companies last Friday.

Specifically, according to the announcement, these companies are:

-A.X.F. SA 400,000

The attention of consumers in view of Black Friday is drawn by the Union of Greek Consumers’ Workers’ Union of the Greek Union of Industrialists and Entrepreneurs, urging them to be particularly careful and not to be lured by seemingly impressive offers.

The summer sales, which have started on July 8, will last until the end of August, allowing consumers to shop and take advantage of the offers.

The summer sales will run through Saturday, August 31. Merchants are trying to attract as many consumers as possible amid high temperatures and summer holidays with significant price discounts.

Summer sales begin tomorrow, Monday, July 8, which is why the Athens Trade Association has issued recommendations to commercial businesses for the summer sales period.

“The summer discount period starts next Monday and commercial businesses all over the country expect a lot from it,” the President of the Athens Trade Association, Stavros Kafounis, said in a statement.

Summer sales begin on July 8, 2024 at stores across the country, and stores are expected to be open on the second Sunday in July.

The second half of the year will start on Sunday, with the first day of the second half of the year being the second day of the second half.

The summer sales and will run through Aug. 31.

Thousands of candidates vying for posts in the upcoming local elections are expected to contribute a substantial 10 billion Turkish Liras ($323 million) to the economy through their promotional expenditures, a sector representative has said.

An intensive effort by Cyprus' Tax Department in recent months has resulted in rebates of over 70 million euros of excess taxes, with an additional €200 million expected to be paid, according to the head of the department, Sotiris Markides.

He emphasized that the Tax Department aims to clear all outstanding corporate and individual taxpayer rebates by the end of 2023.

An electronic platform allowing households to apply for a power bill rebates, to offset higher bills, will open on June 16, Greek Alternate Finance Minister Theodoros Skylakakis announced, although the government will try to have it up and running by June 15.

By George Gilson

Prime Minister Kyriakos Mitsotakis announced in a nationally televised statement this evening that the government will give households with an annual income of up to 45,000 euros a rebate equivalent to 60 percent of the energy price hikes that occurred from December 2021 and up  until this month.

With the goal of attracting big international film productions to Greece, an amendment will soon make its way to Parliament which will modify legislation regarding the cash rebate investment tool.