Greek Minister of Environment and Energy, Theodoros Skylakakis, unveiled the government’s plan to shield consumers from surging electricity prices in Greece during an announcement on Wednesday.
Skylakakis outlined the government’s initiatives but withheld specifics regarding the emergency tax and bill subsidies, which are slated for finalization by late July. The subsidies will be financed through an emergency charge levied on windfall profits earned by natural gas electricity producers in July and August.
Highlighting the government’s proactive stance against “skyrocketing profits” detrimental to consumers amidst recent significant price hikes, the minister detailed three key measures:
1. Immediate reinstatement of a levy on natural gas electricity production, effective for at least July and August. Exact details of this levy per thermal megawatt-hour for natural gas-fired plants will be disclosed shortly.
2. Subsidization of electricity bills for all consumers with variable pricing, ensuring costs remain stable akin to previous months. This move aims to prevent the July wholesale market price spikes from impacting consumer bills.
3. Adoption of the European energy market directive, designed to safeguard consumer interests and deploy mechanisms to counter market distortions.
Deputy Minister of Energy Alexandra Sdoukou added that the subsidies will specifically benefit consumers with green and yellow tariff plans in August, characterized by fluctuating rather than fixed rates.
Funding for these subsidies set to commence after providers announce tariff details, will be sourced from the emergency levy.
The subsidy will apply without exception to primary and secondary residences initially in August, with a consumption cap set at 500 kilowatt-hours.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
World Day of Physical Activity: About One in Three Greek Adolescents Physically Inactive
Almost one-third (30.4%) of Greek adolescents are considered physically inactive, meaning they engage in less than three days of physical activity per week. This rate is significantly higher than the international average of 24%
Unseasonably Low Temps, Storms, Snow Forecasted for Greece
A sharp decline in temperatures will begin Sunday afternoon in Macedonia and Thrace, progressively affecting central and southern Greece through Monday and Tuesday
Higher Prices for Easter Table Staples ‘Sting’ Greek Households
As inflation and production costs continue to weigh on the market, Greek families may find this year's Easter table more expensive than in previous year
Eluned Morgan: The Parthenon Marbles should be returned to Greece
The Welsh First Minister takes a clear stance in support of the reunification of the Parthenon Marbles in an exclusive interview with TA NEA Weekend
Traffic Disruptions in Athens This Weekend for Major Cycling Event
Athens police advise all residents and visitors to plan ahead and allow extra travel time
Trump’s 10% Tariffs Take Effect, Ushering in New Era in Trade
Trump’s tariffs represent a direct break from the post-WWII global trade framework that prioritized negotiated, reciprocal tariff reductions.
Oil Price Drops 8%
The sell-off was fueled by escalating fears of a global trade war after China responded aggressively to new U.S. tariffs, signaling a deepening economic rift.
Greece Opens Summer 2025 Season with 28.2 Million Airline Seats, Up 4.6%
The United Kingdom remains Greece’s largest source market, accounting for 5.6 million airline seats—an increase of 2.2% from last year—and representing 20% of the total.
Greece’s Top Unions Announce April 9 Nationwide Strike
As of now, there is no official announcement on whether workers in public transport systems will join the strike, leaving questions about the availability of buses, metro, and trams on the day.
PM Mitsotakis to Chair New Democracy’s Committee Meeting
Today’s meeting is seen as a crucial opportunity to halt internal disputes within ND and reaffirm unity within the party.
![Δασμοί Τραμπ: Πώς οι επενδυτές μπορούν να ανταποκριθούν στην αναταραχή; [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/04/2025-04-02T215031Z_1105693786_RC2RPDAWF37N_RTRMADP_5_USA-TRUMP-TARIFFS-600x400.jpg)
