ATHENS – Greece plans a brand new 3.2-billion-euro ($3.97 billion) package deal of measures to alleviate stress on family budgets and companies from hovering vitality costs, Finance Minister Christos Staikouras stated on Friday.
Like many different nations, Greece has been within the grip of surging gasoline, electrical energy, gasoline and meals costs since final 12 months, exacerbated after Russia’s Feb. 24 invasion of Ukraine.
Since September, Athens has been subsidising energy and gasoline payments and has additionally supplied a one-off grant to weak teams at a complete value of 4 billion euros.
On Thursday, Prime Minister Kyriakos Mitsotakis stated in a televised deal with that the federal government can even set a ceiling on wholesale electrical energy costs and refund as much as 60% of all of the surcharges that electrical energy shoppers with annual incomes of as much as 45,000 euros have paid in December-Might, amongst different measures. [L5N2WX8F3]
Staikouras stated the conservative authorities’s assist programme could be partially financed from the state finances.
“The entire value of the measures is 3.2 billion euros, with 1.1 billion euros of that burdening the finances,” Staikouras stated informed a press briefing.
($1 = 0.9504 euros)
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