Household electricity tariffs are increasing as wholesale power prices return to levels last seen during the 2022 energy crisis. PPC has limited its increase to 6.2%, while the government weighs possible subsidies for December.

EU energy ministers failed to agree on a comprehensive response to rising energy prices, exposing divisions over how to share the burden of the crisis as inflation accelerates and millions struggle to heat their homes.

The government is preparing up to €35 million in fuel subsidies to help ferry operators contain costs, while a separate dispute over reduced sailings threatens to leave Chios with limited ferry connections during a four-month airport closure

European natural gas prices have reached their highest level in nearly four years, driving up Greece's wholesale electricity costs ahead of November's household tariff announcements

Rising energy bills are prompting seasonal workers in northern Greece to remain in warmer tourist destinations through the winter. A local labor union leader estimates that 30% of residents who leave for seasonal jobs will not return until spring.

Winter is coming, but which winter? The cold and hunger facing 50 million people, as warned by Dan Jørgensen, the EU commissioner for Energy and Housing? Or the winter invoked by Kristalina Georgieva, who called from Bangkok for “austerity, now”? The dilemma is unnecessary.

Speaking during a parliamentary debate on the 2027 budget, the finance minister acknowledged the pressure on household purchasing power and warned that global economic uncertainty has become a lasting concern.

As an EU summit splits over energy costs, Mitsotakis hails a green light for Greece’s fiscal plan and touts heating oil and fuel subsidies at home

Amid soaring energy costs and mounting financial pressure, Greece’s traditional bakers are urging consumers to support local shops and calling on the government for urgent relief

The government and refiners will split a 40-cent-per-liter discount, bringing the estimated starting price to €1.55. Ministers also confirmed a 30% increase in heating allowances as households face higher energy costs.

The nationwide survey conducted for MEGA News 104.6 finds widespread concern over rising food and energy prices ahead of winter, although 76% still believe politics can improve their lives

The higher allowance will apply to hundreds of thousands of households, while a separate subsidy is intended to lower heating oil prices at the pump. The government is expected to provide details Wednesday, ahead of the October 15 start of the heating oil sales season

Athens has set aside 400 million euros in reserves and will ask EU leaders this week to allow part of the money earmarked for energy investment to be spent on support for households and businesses.

ELSTAT's national price index rose 2.1% from August, with housing and transport costs climbing sharply. Eurostat's harmonized measure put September inflation at a similar 5.1%.

Industry leaders expect Kyriakos Mitsotakis to unveil new energy support at SEV’s annual gathering on Tuesday after recent talks with ministers. Similar hopes at last year’s meeting were followed by months of delay and measures that disappointed manufacturers.

Energy costs drove a broader pickup across the euro area, where inflation accelerated to 3.8%, while Greece recorded one of the biggest monthly increases among member states

The Greek prime minister said the measures would be reviewed every 15 days, but his pledge to hold heating oil below €1.75 a liter still lacks details.

Greece has cash to cushion fuel and heating costs this winter but little room under EU spending rules to use it, so officials are waiting on oil prices before deciding how much to spend

Finance Ministry officials are waiting for greater clarity on oil prices before setting the size of subsidies and other measures

Sixteen industry and business groups are urging the Greek government to activate the EU’s CISAF and METSAF tools, warning that more than 700 energy-intensive manufacturers remain exposed to volatile electricity prices ahead of winter