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Greece announces 30% increase in heating allowance
The package includes a direct pump subsidy and wider fuel discounts as Greece tries to ease pressure on households and energy-intensive industries.
- On Tuesday, Finance Minister Kyriakos Pierrakakis announced a 30% increase in the annual heating allowance and a direct pump subsidy to combat surging energy costs.
- The announcement follows calls from Greece for Europe to relax spending rules, enabling governments to support households amid record-high fuel prices reaching across several countries.
- Pierrakakis said the dual strategy aims to "ease the pressure on families" during a difficult economic climate, with measures designed to support hundreds of thousands of households nationwide.
- Several governments across Europe are responding similarly; Germany introduced a 17 cents per litre fuel duty cut on October 1, while Spain extended existing fuel tax cuts.
- Both Germany and Spain will maintain their fuel measures through December, as ministries are expected to present further details of the support package on Wednesday.
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101 Articles
The IndependentReposted by 
The Independent (US)
The Independent (US)Greece takes action to shield households from soaring heating bills this winter
·London, United Kingdom
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"In a difficult international situation, with the energy crisis testing the resilience of households around the world, our priority is to limit the pressure on families," he emphasized. The post Heating allowance: Pierrakakis announces 30% increase appeared first on in.gr.
·Greece
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Coverage Details
Total News Sources101
Leaning Left4Leaning Right4Center3Last UpdatedBias Distribution37% Left, 36% Right
Bias Distribution
- 37% of the sources lean Left, 36% of the sources lean Right
37% Left
L 37%
C 27%
R 36%
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