Amendment seeks to cap profit margins for fire wood and other solid fuels
Greece
Sat, 1 Oct 2022 5:40 GMT
The development and investments ministry on Thursday tabled an amendment designed to restrict excessive profits in the market for solid fuels, such as fire wood, wood pellets, used for heating.
The Development and Investments Ministry on Thursday tabled an amendment designed to restrict excessive profits in the market for solid fuels, such as fire wood, wood pellets, used for heating.
This introduces administrative measures that place a cap on gross profit margins of businesses in all parts of the supply chain for the sector and for the monitoring of supplies, requiring that companies operate at a profit margin that is the same as that before November 2021, when demand was high but the geopolitical crisis caused by the war in Ukraine had not yet started.
