x

Economy

Greece Will Continue State Subsidies for Soaring Electric Bills

ATHENS – Prime Minister Kyriakos Mitsotakis assured Greek households and consumers that his New Democracy government would keep up subsidies for staggering electric bills at least through May.

Bills have nearly doubled in a year and gas prices have also skyrocketed, with Mitsotakis again pushing the European Union to jump in to help out because all the 27 countries in the bloc are affected.

During a visit to the liquefied natural gas (LNG) terminal on the island of Revithoussa near Athens, he said that his government’s priority is helping people deal with bills that many can’t pay.

“We are facing an unprecedented situation with the explosion in gas prices. This problem is imported and concerns the whole of Europe and that is why I have personally fought for a pan-European answer,” he said, reported Kathimerini.

“The government is committed to continuing to support energy consumers through a subsidy scheme that will continue next month,” he said, not indicating if it would go beyond that as it’s costing some 500 million euros ($541.88 million) monthly.

“I want all Greeks to know that the Greek government is ready to take significant additional measures to absorb as much of the increase in electricity bills as possible allowed by the budget margins,” he also said.

RELATED

ATHENS - Prime Minister Kyriakos Mitsotakis on Friday referred to the excellent and close cooperation with the Church in the context of its institutionally defined framework, from the town of Dilesi where he visited, along with Archibishop of Athens and All Greece Ieronymos, structures of the Holy Archdiocese of Athens.

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

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

LOS ANGELES (AP) — Harvey Weinstein's landmark New York sexual assault conviction was thrown out by an appeals court Thursday, and most of the dozens of civil cases filed against him since he became a central target in the #MeToo movement in 2017 have either been settled or dismissed.

NEW YORK (AP) — After prosecutors’ lead witness painted a tawdry portrait of “catch and kill” tabloid schemes, defense lawyers in Donald Trump’s hush money trial are poised Friday to dig into an account of the former publisher of the National Enquirer and his efforts to protect Trump from negative stories during the 2016 election.

ATHENS - Prime Minister Kyriakos Mitsotakis on Friday referred to the excellent and close cooperation with the Church in the context of its institutionally defined framework, from the town of Dilesi where he visited, along with Archibishop of Athens and All Greece Ieronymos, structures of the Holy Archdiocese of Athens.

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.