
A series of measures to support businesses and households in the midst of the pandemic, but interventions to tackle the rally in energy prices, were announced in Parliament, on Saturday, during the parliamentary budget debate.
The announcements were made by both the Greek Prime Minister, Mr. Kyriakos Mitsotakis, and the Greek Minister of Finance, Mr. Christos Staikouras, who referred in particular to the issue of the repayable advances that concerns thousands of companies.
It is recalled that the announcements for the relief from the high prices of gas and electricity, had been announced by the Greek Prime Minister two days ago.
Speaking to the Parliament, the Greek Prime Minister announced three new additional measures to limit the effects of the energy crisis on households and farmers:
1. There will be an additional increase in state aid concerning the electricity bills for the month of December, the Social Residential Tariff beneficiaries and the vulnerable households.
2. There will be a 40% discount on the gas bills for the month of December
3. Most of the adjustment clause in agricultural tariffs will be covered from August to December
According to the Greek Prime Minister: “It is difficult to explain to a consumer that this increase would be greater, if there was no state aid. There are increases that would be impossible for households to manage, if there was no state subsidy”, noted Mr. Kyriakos Mitsotakis, addressing the consumers.
When referring to the the energy crisis and the price increases, he reiterated that “We will support consumers, our vulnerable fellow citizens. And we will ensure that the burden will be the minimum possible.”


Latest News

Greece moves up 9 spots in EIU’s Democracy Index; now in 25th place out of 167 countries
The country’s overall score rose to 7.97 last year, up from 7.56 in 2021, which placed Greece in 25th place

Reports: Ellington withdrawing from Attica Bank; Thrivest to participate in share cap increase
Ellington’s head of operations in Greece on Thursday resigned from the ATHEX-listed lender’s board of directors

Draft amendment aimed to prevent party formed by imprisoned GD cadre from vying in next election tabled
The draft bill is expected to land on Parliament’s floor on Tuesday

Covid-19 Greece: Public health officials point to decreased number of hospitalizations; slight hike in related fatalities
The number of intubated patients totaled 135, down from 153 in the third week of February.

Large industrial property in east Thessaloniki sold for 9.237 mln€ in auction
Total arrears – dating back to 2010 - owed to 225 former employees of the insolvent company total 11.5 million euros

Alpha Bank raises 400 mln€ from Tier 1 issue
The issue was oversubscribed by 5.7 times

Eurostat: Jan 2023 inflation rate in Greece at 7.2%; 8.5% for Eurozon
Energy prices rose by 17.2 percent in the Eurozone

Air force confirms fatality of second pilot of F4 that crashed into sea on Mon.
A terse announcement said search and rescue operations have been concluded, with the collection and analysis of findings confirming the fatality

Jobless rate in Greece falls to 11.6% in Dec. 2022, from 12.6% a year earlier
Figures announced by Greece’s statistics authority (EL.STAT)

4.1R quake felt in Thessaloniki area
The tremor was felt in the greater Thessaloniki area.