x

Politics

Commission Approves €800 Million Greek Scheme to Support Non-Household Electricity Consumers

BRUSSELS – The European Commission has approved an 800-million-euro Greek programme to support non-household electricity consumers in the context of Russia’s war against Ukraine, under the temporary state aid crisis framework.

The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022 and amended on 20 July 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU’), recognising that the EU economy is experiencing a serious disturbance.

Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Russia’s unjustified war of aggression against Ukraine continues to negatively affect the EU and the Greek economy. The 800-euro million scheme approved today will enable Greece to support affected sectors and companies, in particular the smaller ones, by ensuring that sufficient liquidity remains available to them. We continue to stand with Ukraine and its people. At the same time, we continue working closely with Member States to ensure that national support measures can be put in place in a timely, coordinated and effective way, while protecting the level playing field in the Single Market.”

(ANA-MPA / M. Aroni)

RELATED

ATHENS - The Hellenic Navy’s Hydrographic Service station on Corfu issued a NAVTΕΧ message on Saturday over work related to seismic research southwest of Crete.

Top Stories

Columnists

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

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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

Search Effort Intensifies after Indonesia Quake Killed 271

CIANJUR, Indonesia — More rescuers and volunteers were deployed Wednesday in devastated areas on Indonesia's main island of Java to search for the dead and missing from an earthquake that killed at least 271 people.

ATHENS - Prime Minister Kyriakos Mitsotakis paid a visit on Saturday to the Police Station of Kallithea, the southwestern suburb of Athens, which houses an Operational Office dealing with domestic violence of a network of 18 such centers incorporated in police stations.

COLORADO SPRINGS, Colo. (AP) — When officials unfurled a 25-foot rainbow flag in front of Colorado Springs City Hall this week, people gathered to mourn the victims of a mass shooting at a popular gay club couldn't help but reflect on how such a display of support would have been unthinkable just days earlier.

NANTUCKET, Mass. (AP) — The Biden family's tradition of eating lunch, shopping and watching a Christmas tree lighting in downtown Nantucket on Friday became mostly about keeping the president's 2-year-old grandson from having a meltdown.

AL KHOR, Qatar (AP) — Respect achieved.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

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