FinMin Staikouras Sees Extension of Heating Allowance if Needed

September 21, 2022

ATHENS – “It may be necessary to extend the granting of the heating allowance after December 31,” Finance Minister Christos Staikouras stated on Wednesday in an interview with ANT1 TV. Speaking more generally, he said that Greece, according to the European Commission, has allocated the most funds in Europe to offset the energy crisis, while for December the intervention amounts to 500 million euros.

Asked if the subsidy for diesel fuel will continue and if there is going to be a Fuel Pass-3, he replied that “the prime minister has not said anything and I remind you that the price of fuel has dropped significantly.”

On the possibility of further reducing the 80% advance tax for the self-employed, he said “we have no more room [for cuts], given that we have to subsidise electricity for households and businesses.”


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After Amazon, Google’s First Cloud Region Coming to Greece

ATHENS - Despite having a costly Internet that’s the slowest in the European Union, Greece is continuing to attract high-tech giants, with Alphabet’s Google planning to create its first cloud region in the country.

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