The total amount of the subsidy for electricity in December amounts to 435 million euros, while for natural gas the horizontal subsidy will be 15 euros per thermal megawatt hour, Environment and Energy Minister Kostas Skrekas said on Friday regarding the state subsidies on electricity and natural gas bills for December.
The minister first emphasised that the government is consistently and effectively implementing its policy to deal with the energy crisis, on two fronts: First, by creating alliances and putting pressure on Europe to implement a realistic cap on natural gas, as Prime Minister Kyriakos Mitsotakis proposed in March. And secondly by directly subsidising electricity bills to absorb the bulk of the increases.
At Thursday’s extraordinary Council of Energy Ministers, he noted, Greece led a large group of member states that called for a realistic cap on joint EU natural gas purchases, much lower than that proposed by the European Commission. Thus, Europe will be able to reduce the prices of natural gas and consequently electricity.
“It is a difficult battle, which will continue on December 13 at the extraordinary council of energy ministers in Brussels,” the minister underlined. As regards the second pillar of energy policy, he announced the subsidies for December.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.
