For Athens restaurant owner Christos Kapetanakis, rent has always been high, but now he faces what he calls “a second rent” as soaring electricity bills slash profits and force him to raise prices. Kapetanakis pays between 3,000 and 3,800 euros ($3,083-$3,905) a month on power, up 40% since Russia invaded... read full story
"The continuous increase in prices, especially in the tourism sectorwill lead Greece to become less competitive compared to other Mediterranean countries,"