Colgate

More fines for multinationals

Development Minister Kostas Skrekas on Wednesday announced the imposition of fines on two more multinational companies, which, as in the two previous cases a few days earlier, are active in the categories of personal hygiene, personal care and beauty, as well as in the category of household items (cleaners, detergents etc).

Greece fines local branches of J&J, Colgate-Palmolive for alleged breaching of profit cap

Greek authorities on Wednesday announced fines totaling 1.67 million euros ($1.81 million) on the local branches of two US-based health care and consumer products giants for alleged breaches of a profit cap imposed amid Greece's cost-of-living crisis.