While Greek households are plagued with soaring electricity prices, the Minister
While Greek households are plagued with soaring electricity prices, the Minister of Environment and Energy Theodoros Skylakakis announced potential interventions with aim to support both households and businesses. The government’s efforts come at a time when the looming threat of Russian natural gas supply cuts hangs over Europe, raising concerns about energy security and rising costs.
Skylakakis, is anticipated to announce subsidies for residential electricity tariffs in the forthcoming days regarding bills in January, while at the beginning of next month a support scheme for business electricity bills is set to be implemented
Regarding the subsidy for electricity bills in January the minister pointed out that the providers have shown great restraint in their pricing, adding that the government also has a stable policy on electricity. “When prices exceed a certain threshold, we intervene,” said Skylakakis stressing that potential interventions will be announced the following days when referring to residential electricity tariffs.
As for subsidies for business electricity bills he said, “We will wait to see the prices for February, and then we will decide.” As Skylakakis noted, businesses will receive a one-time subsidy, which will cover the months of December and January, and, if deemed necessary, it will also
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