Greece Plans Cut in Industrial Power Costs

Prime Minister Kyriakos Mitsotakis says a new measure to reduce electricity prices for businesses will be announced in the coming days, responding to industry demands amid rising global energy costs.

Greece is set to introduce a new measure aimed at reducing electricity costs for industry, as global energy prices continue to rise.

Prime Minister Kyriakos Mitsotakis announced on Monday, that the initiative will be unveiled in the coming days by the Ministry of Finance.

According to Mitsotakis, the planned intervention is designed to ease the energy burden on industrial companies and businesses, following repeated requests from professional and production sectors.

Support for businesses

The upcoming measure is part of a broader effort to support economic activity and maintain competitiveness, particularly at a time when international energy prices are once again trending upward.

While specific details have not yet been disclosed, the government has signaled that the policy will focus on stabilizing electricity costs for businesses, which have faced increasing pressure due to volatile energy markets.

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