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Greek Confederation of Commerce and Entrepreneurship Calls for Extension of Rent Increase Cap

The Greek Confederation of Commerce and Entrepreneurship has urged Minister of Development Takis Theodorikakos to extend the current 3% cap on commercial rent increases for another year. President Stavros Caféounis highlighted the ongoing challenges faced by Greek businesses, including geopolitical tensions and rising costs of living. The adjustment has proven beneficial this year, alleviating pressure on small businesses. The organization emphasizes the need for support to navigate the digital transition and increasing competition, projecting a difficult year ahead for the retail sector.

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