The Greek Minister of Development and Investment, Adonis Georgiadis, spoke on MEGA channel about the energy crisis and the support measures for households and businesses.
Georgiadis spoke about Russia’s decision to close the gas pipeline, creating repeated problems for the European economy and energy.
“Europe and Greece are entering the most difficult winter since 1942. Εveryone will try to find an alternative way of heating their home for the winter. Oil is currently 6 times cheaper than gas. Putin is using gas as a weapon against Europe, he is not only attacking Ukraine, he is an enemy of the EU. All European citizens should know that we are in an economic, commercial, energy war with Russia, and we should take measures against the energy crisis,” he said.
“There will be an immediate public information campaign by the Ministry of Environment and Energy on how to move this winter so that we can reduce this huge damage to our economy and our pockets from Putin’s energy war in Europe. We must bear in mind that we should not spend electricity in the way we did in the past. Electricity is now too expensive,” he continued.
“In Greece, after the government’s interventions on energy, we have not yet understood how expensive electricity is. What we see in our bills is what the state pays. We all have to work now, with electricity saving in mind. There is no doubt that the Greek government will continue to support the citizens. The economy is doing very well, better than all European countries, we have a triple record in investment and tourism, our best performance in the history of our country,” Georgiadis said.
On the reduction of the excise tax on fuel, Adonis Georgiadis said that “Our policies will be targeted to those in need, and there will not be general measures. The next few months will be difficult, and we will have to work wisely. We don’t have money to spend, we have a specific budget, we have fiscal targets to implement. The measures that the government will take will be announced by the Prime Minister at the TIF, and we will help all citizens in need.”
Latest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.