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Basilis Korkidis Calls for Flexible Banking Criteria Amid Rising Prices in Greece

Basilis Korkidis, president of the Piraeus Chamber of Commerce and Industry, emphasized the need for more flexible lending criteria for businesses during an interview on ERT News. He highlighted that consumer prices are affecting 8 out of 10 Greeks, with rising incomes not translating to increased spending. Korkidis pointed to geopolitical tensions and specific issues like the Suez Canal closure as major challenges for trade. He also commented on the impact of banking fees on businesses and the trend favoring shopping centers over downtown retail.

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