The finance minister said existing recipients will receive more, while the government is also preparing measures aimed at bringing heating oil prices below last season’s closing level
The prime minister said the government would subsidize heating oil at the pump, raise household allowances and press for EU action on fuel taxation as energy costs remain elevated
The price of eating out, filling a gas tank and buying a house keeps rising, while higher interest rates add to borrowing costs
A new Intrum survey finds that 60% of Greeks have borrowed money to cover bills, while 37% have delayed payments and 47% have used buy now, pay later services.
Eurozone finance ministers meet in Dublin to tackle the energy crisis, as Greece weighs new subsidies and Germany pushes for fuel VAT cuts.
With energy prices surging, the government is holding another round of high level meetings, but officials say today's session is being framed as just a stock taking exercise, deferring any decisions until after this week's EU finance talks
A renewed spike in global oil prices, driven by escalating tension between the United States and Iran, has pushed consumer prices in Greece up 3.8 percent and prompted the European Central Bank to raise interest rates
Inflation accelerated in August 2026, reversing July's slowdown, as heating oil, natural gas and fuel costs posted steep annual increases across the board.
Electricity prices rise for a fourth straight month, raising concerns over autumn energy costs as suppliers absorb part of the increases and new measures loom.
Greece's environment minister says a new renewable energy bill will let ordinary citizens generate their own electricity, cutting household costs while deepening what he calls "energy democracy."
Rising energy costs are driving budget revisions across Europe, with Greece already adjusting growth forecasts while households face mounting pressures.
The Greek government may be reinstating additional subsidy schemes, with final decisions expected later this month.
Alpha Bank highlights the strategic role of regional energy routes as Europe faces supply risks, low gas reserves and mounting pressure to diversify away from vulnerable transit chokepoints
Inflation rises as Greece continues to outpace the eurozone, exposing structural weaknesses in its energy-dependent economy. It also raises concerns that price pressures will prove more persistent, compounding the strain on households.
The Greek government is preparing to take stock of the country’s fiscal firepower after the Easter holiday. The ongoing conflict in the Middle East has stoked fresh concerns about energy costs and consumer prices, while existing relief measures are increasingly fall short of what households need. However no new decisions will be made before Finance […]
Executives say the aid package provides limited relief to specific industries, with structural energy costs and competitiveness gaps still unresolved.
Athens has finalized a two-pillar support package for Greek industry after six months of negotiations with the European Commission, targeting both immediate electricity bill reductions and long-term energy efficiency investments.
According to market sources, Environment and Energy Minister Stavros Papastavrou is expected to convene a high-level meeting later this week with key energy stakeholders.
Consumers in thirty-four countries pay less than a dollar per liter, with Libya ($0.023), Iran (0.029) and Venezuela (0.035) being the cheapest, while Russians pay $0.828 at the petrol station.
Asian nations are scrambling to arrange energy-swapping deals to counter severe fuel shortages stemming from the Middle East conflict