The Greek government is reportedly ready to take three relief measures aimed to contain surging electricity prices in the country, on the back of significant increases in international natural gas prices and carbon emission trading rates.
The measures are due to affect the last quarter of the year, as indications at present point to a de-escalation of prices as of 2022.
The first measure is subsidy of 30 euros per megawatt for consumers, or in other words three cents per kilowatt, and for the consumption of up to 300 watts per month.
Another measure is a 30-percent reduction in monthly bills by the Public Power Corp. for its customers, beginning on Aug. 5.
A third measure under consideration is for providers to “cover” the increases for consumption of between 300 to 600 kilowatts for the specific trimester.
Two surveys about the “brain gain” of Greeks during the crisis
60% want to return but to work on terms like those abroad - 73% of companies in Greece set to hire Greeks working abroad
BoG – Primary cash deficit of 6.35 billion euros in 8 months
Regular budget revenues amounted to 28.2 billion euros
Giannis Antetokounmpo at the Presidential Palace – “We have always been Greeks”
The President of the Republic welcomed them in the Garden of the Palace where they had a chat in front of the cameras, with the "Greek Freak" saying that "we were always Greeks and just yesterday a stamp was inserted"
ELSTAT – Explosion of accommodation turnover in July
The data come from companies with an obligation to maintain ledgers
Georgiadis – There is room for additional financial support measures
Regarding the inflationary trends, the Minister of Development and Investments stressed that from the holidays onwards, the reverse course of the phenomenon will begin
Russian tourists “vote” Greece for autumn
This is according to a survey by Russia's largest insurance company Rosgosstrakh
ATHEX – probing prospects for 910 units
Investors are looking to DBRS, which will announce its estimates for the Greek economy
Mitsotakis to El Pais – The climate crisis is no longer an abstract concept
Article by the Prime Minister in the Spanish newspaper on CO2 emissions into the atmosphere, the marine environment but also the actions of repairing the damages from natural disasters
New generation of projects worth 8.5 billion euros in start-up orbit
Railways, road completion, ports and flood defenses
SIDMA – Strong growth rates and profitability in the first half
The consolidated turnover of the SIDMA Metallurgical group, in the first half of the year amounted to 106.5 million euros