![Greek Minister of Development – There is a possibility of taking new measures to alleviate households](https://www.ot.gr/wp-content/uploads/2021/05/super-market1-scaled.jpg)
The Greek Minister of Development and Investments, Mr. Adonis Georgiadis, did not rule out taking new measures in ordert to alleviate households, since, as he said, our economy is doing very well and we can come up against any problem. But such a decision, he added, is up to the Greek Prime Minister.
Regarding the explosive increases in energy and fuel prices, he replied that the Greek government was moving faster than the rest of Europe, “as we have already announced measures of 500 million euros for the State to take over all the increases in electricity, to give a big discount on natural gas, to increase the heating allowance, etc. ”
He underlined that the Greek government together with other countries at the MED9 meeting decided and asked the Commission to take measures for the energy crisis and it succeeded. “We will not let anyone run out of electricity. We are in the midst of an energy crisis and the government is not leaving the Greeks alone,” he added.
Describing the state of the Greek economy, he referred, talking to SKAI channeI, to a series of investments that were launched last week, but also to unemployment, which in August was at its lowest point in the last fifteen years.
As for fuel prices, he acknowledged that they have risen, but said they should not be compared to last year when the economy was closed due to restrictive measures imposed to deal with the pandemic. “If we compare the prices with the lowest of the economy, taking also into account the lockdowns, the heating oil is increased by 45%. Compared to other years, it increased by 15% -20% “, while he also noted that the excise duty cannot be reduced due to inflationary pressures. “We are entering an inflationary cycle. When you have inflation, increasing liquidity by reducing taxes is like pouring gasoline on the fire.”
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Greek Tax Authorities Target Tax Evasion via Lifestyle Audits](https://www.ot.gr/wp-content/uploads/2025/02/shutterstock_2347095029-scaled-1-600x400.jpg)
Greek Tax Authorities Target Tax Evasion via Lifestyle Audits
Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.
![Giannis Antetokounmpo Invests in AI Video Production Platform](https://www.ot.gr/wp-content/uploads/2023/02/giannis-antetokounmpo-600x337.jpg)
Giannis Antetokounmpo Invests in AI Video Production Platform
The platform, founded in 2021 by Victorien Tixier and Xavier Green, automatically tags and organizes content, allowing teams to speed up distribution to broadcasters, sponsors, and even the athletes themselves
![Greece’s Industrial Production Rises 5.8% in December](https://www.ot.gr/wp-content/uploads/2025/02/Industrial-production.jpg)
Greece’s Industrial Production Rises 5.8% in December
For the entire year, the average General Index of Industrial Production increased by 5.2% in comparison to the corresponding period in 2023.
![Study Shows Athens Traffic Congestion Up](https://www.ot.gr/wp-content/uploads/2023/09/traffic-332857_1280-600x400.jpg)
Study Shows Athens Traffic Congestion Up
On average, car drivers and their passengers who venture out onto Greater Athens’ roads will spend roughly half an hour in the vehicle to cover a distance of 10 kilometers
![Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-07T223323Z_1406125441_RC24JBAKMTGM_RTRMADP_5_ELON-MUSK-JP-MORGAN-600x389.jpg)
Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System
Judge blocks Elon Musk’s team from Treasury access over security risks and potential misuse of federal payment data.
![Make Europe Great Again in Madrid](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-08T125319Z_1806997237_RC2CQCA44ZAR_RTRMADP_5_SPAIN-POLITICS-FAR-RIGHT-scaled-1-600x400.jpg)
Make Europe Great Again in Madrid
Far-right leaders rally in Madrid to 'Make Europe Great Again
![Seismologists Cautiously Optimistic as Aegean Earthquake Activity Evolves](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-03T091846Z_527357669_RC2VIG9S7Z9U_RTRMADP_5_GREECE-QUAKE-SANTORINI_med-600x400.jpg)
Seismologists Cautiously Optimistic as Aegean Earthquake Activity Evolves
Seismologists grow increasingly optimistic as Aegean earthquake activity shows signs of decline
![Earthquakes Continue to Shake the Cyclades, Experts Monitor Declining Activity](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-07T140924Z_1597045385_RC2QPCAWU2HK_RTRMADP_5_GREECE-QUAKE-SANTORINI-CONSTRUCTION-scaled-1-600x450.jpg)
Earthquakes Continue to Shake the Cyclades, Experts Monitor Declining Activity
Ongoing earthquakes rattle Greece's Cycladic islands, but experts believe activity may be slowing.
![Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report](https://www.ot.gr/wp-content/uploads/2025/02/sant-600x352.png)
Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report
The areas directly affected by the tremors account for approximately 4% of both the country's annual tourism revenues and the total annual turnover in the accommodation and food service sectors
![Greek Trade Deficit Surges to €34.6 Billion in 2024 Amid Export Decline](https://www.ot.gr/wp-content/uploads/2025/02/Greek-trade-deficit-600x400.jpeg)
Greek Trade Deficit Surges to €34.6 Billion in 2024 Amid Export Decline
Conversely, numbers indicate that exports declined, totaling to 49.90 billion euros in 2024, down from 51.02 billion euros in 2023 marking a 2.2% decrease.