Multinational corporation

By the end of June 2025, frozen vegetables market leader Barba Stathis will have finalized its agreements with two large multinational companies for which the Greek company will undertake to produce plant-based protein products.

The two multinationals remain unnamed for now.

The practices of multinational corporations that create issues in the pesticide market will not be tolerated, said the Prime Minister - Modernization of ELGA and OPEKEPE is necessary

Multinational corporations earn over €14 billion annually from price differentials across EU countries – The government’s proposals to the Commission

The government is requesting the four interventions by the European Commission so that multinational companies do not sell their products more expensively in Greece.

Athens argues that the different pricing, without valid justification, by the multinationals conflicts with the most basic characteristic of the European Union, which is none other than the single market.

The Ministry of Development has formally declared war on multinationals, imposing fines on the two largest companies in the consumer goods sector, Unilever and Procter & Gamble, a war that had been announced by the prime minister himself a few weeks ago.

The Competition Commission and the competent agencies of the Ministry of Development are investigating the pricing policies of multinational companies in the local market, as it is found that many products are sold in Greece at much higher prices than in other European countries with far greater purchasing power.

US Treasury Secretary Janet Yellen has called for a global minimum corporate tax rate for companies that work internationally.

United States are working with G20 nations to agree to a global minimum corporate tax rate that can stop the downstream said the Secretary to the Chicago Council on Global Affairs.

Protesting migrants who have stuck in Idomeni, Greece’s border with FYROM have caused rail services to be suspended resulting to serious economic consequences. Multi-national firms and Greek exporters face huge problems since they are not able to transfer their goods.

The European Commission ruled on Oct. 21 that Starbucks and Fiat benefited from illegal tax deals with the Dutch and Luxembourg governments, in cases with major implications for the taxation of multinational companies.