Today, Thursday, the Ministry of Development Bill is introduced for debate and vote in the House. The bill was approved by the Committee on Production and Trade with the positive vote of the South West.
The draft law “Ratification of the 11.3.2026 Legislative Content Act “Urgent regulations for the curbing of unfair profitability phenomena” (A37)” was voted against by KKE and New Left, while all other opposition parties reserved their final position to be expressed today in the plenary session.
What the announced measures include
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The measures announced and included in the Legislative Instrument provide for a cap on the profit margin on fuel and 61 categories of basic commodities and daily necessities for households. Heavy fines proportionately reaching up to €5 million, the publication of the names of offenders, and an additional fine of up to €50,000 may be imposed in case of obstruction of controls, concealment or falsification of data.
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The measures will be in force until June 30, 2026, although it is envisaged that in the absence of reasons, a ministerial decision may suspend them. The Independent Authority for Market Control and Consumer Protection is responsible for the implementation of the measures and controls.
The cap on the profit margin on fuel regulations stipulates that oil marketing companies supplying service stations cannot charge more than 0.05 euros per litre above the supply price from refineries for 95-octane unleaded petrol and diesel. Retail stations shall be subject to a maximum margin of EUR 0,12 per litre above the supply price when selling to consumers. Special provision is made for islands, as additional distribution costs may be added.
For 61 basic goods for everyday consumption, the gross margin is prohibited to be higher than the 2025 average for goods essential for food and living.
