Heating Oil: New Price Subsidy – When Does It Start and Who Will Benefit?
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The wave of austerity is putting a suffocating pressure on Greek households, with inflation climbing to 5% in September and energy and fuel price increases exceeding 50% on an annual basis, driven in part by geopolitical developments in the Gulf. With the cost of transportation and housing galloping […] The article Heating: “Brake” at the price of 1.90 euros – The subsidy plan appeared first on The Gr Times.
The price of heating oil is estimated to be 1.60 euros per liter when it starts to be available on October 15, based on the base scenario for the subsidy at the pump, according to ERT. Last year, the availability of heating oil began on October 15 with a price of approximately 1.13 euros per liter, […]
Based on current prices, if distribution began now without subsidy, heating oil would reach 1.90 euros per liter.
It is estimated that the price of heating oil could fall below 1.70 euros per liter from October 15, at least in large urban centers, thanks to the double subsidy from the state and the refineries. As reported by the head of economic reporting at ERTnews, Thanos Tsiros, if the availability of oil ... More www.ertnews.gr
Amid the energy crisis that has sent international oil prices soaring and increased pressure on family budgets, the government is taking steps to...
The amount will be determined by joint ministerial decision, along with the allocation procedure, the clearing mechanism and the remaining implementation details.
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