Gerapetritis: There Is Pressure for EU Measures to Deal with Energy Price Hikes

ATHENS — Minister of State Giorgos Gerapetritis in an interview with ANT1 TV on Saturday outlined the government measures to deal with price hikes.

"We have an increase of the total support package to 500 million by doubling the aid for electricity, expanding the criteria for natural gas, increasing the heating allowance. It is a significant burden for our budgets, but we will be there as long as high prices exist, especially for the vulnerable households," he said and added: "In the last few days, we are observing a decline in gas prices which has to do mainly with the increase of exports from Russia and Azerbaijan."

Based on the expanded criteria for granting the heating allowance, we estimate that about 80 pct of households will be eligible. No one can rule out further price increases, but we will work again with quick reflexes. DEPA will voluntarily provide its customers with a discount of 15 pct, it is a societe anonyme that must have a pricing policy within the limits of competition."

Asked whether the Greek government would insist on a joint approach to the problem by all European governments, the Minister of State foresaw "great pressure for a unified management of the problem on the part of the European Union" and even revealed that "we will have news in the next European Council."



ATHENS - US Ambassador George Tsunis added to a list of those lauding Greece’s recovery from a 2010-18 financial and austerity crisis, calling it an “economic miracle,” that is seeing investors from the United States and world jumping in.

Top Stories


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.


Alberto, Season’s First Named Tropical Storm, Dumps Rain on Texas and Mexico, Which Reports 3 Deaths

TAMPICO, Mexico (AP) — Tropical Storm Alberto rumbled toward northeast Mexico early Thursday as the first named storm of the season, carrying heavy rains that left three people dead but also brought hope to a region suffering under a prolonged, severe drought.

ATHENS – After five years of systematic research, documenting and collecting stories from all over Greece, Istorima, the largest-scale collection of oral history in the country, continues its activity and is enriched with a renewed website with updated series and collections.

For centuries, ancient artifacts, art, and relics have been a topic of ownership, provenance, and morality debates.

LESVOS – The 2nd International ELIA Lesvos Confest (an olive conference and festival) took place at the Vrana Olive Press Museum on the island of Lesvos in Greece May 23-26.

NEW YORK – Pancyprian Association of America issued a statement mourning the passing of Constantine Iordanou, the businessman and philanthropist who was also a founding member of the Association.

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.