x

Society

At 40 Euros per MWh, the Subsidy for Household Electricity in February

January 31, 2023

ATHENS – The subsidy on household electricity tariffs for February, for 90% of consumption (up to 500 KWh per month), was set at 4 cents per kilowatt hour (40 euros per megawatt hour) according to the announcements made on Tuesday morning by the Minister of Environment and Energy, Kostas Skrekas. For higher consumptions, the subsidy is linked to energy savings.

As the minister pointed out, this is a period when natural gas prices are drastically falling globally, which is also a result of the adoption of the European mechanism for a cap on natural gas prices.

“This development did not come about by chance, nor unaided. I recall that since March 2022, Prime Minister Kyriakos Mitsotakis was the first to propose the imposition of a realistic cap on natural gas prices to limit speculation in international markets,” he stressed. He added that the crisis has eased but is not over and that the government has pledged to stand by consumers as long as the volatility lasts.

RELATED

ATHENS — The flame that will burn at the Olympics is spending the night at the ancient Acropolis in Athens, a week before its handover to Paris 2024 organizers.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Indians Vote in the First Phase of the World’s Largest Election as Modi Seeks a Third Term

NEW DELHI (AP) — Millions of Indians began voting Friday in a six-week election that's a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country's leader.

ASTORIA – The Greek Cultural Center (GCC) in collaboration with Boann Books and Media present ‘Boann and the Well of Wisdom’ at the GCC, 26-80 30th Street in Astoria, April 25-28, one weekend only.

ALBANY – New York State Assemblyman Michael Tannousis (R, C-Staten Island/Brooklyn) released a statement on April 18 concerning the state budget.

NEW YORK (AP) — A man who doused himself in an accelerant and set himself on fire outside the courthouse where former President Donald Trump is on trial has died, police said.

WASHINGTON (AP) — After its midnight deadline, the Senate voted early Saturday to reauthorize a key U.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.