x

Economy

Little Help for Greece’s Consumers Hit With Shocking Electric Bills

November 15, 2021

ATHENS – A 30-euro ($34.35) monthly subsidy from the New Democracy government has proved a pittance for customers hit with huge increases in electricity bills in Greece as the winter looms.

The hikes are likely to last until the first quarter of 2022 and coincide with fuel oil costs and the lingering COVID-19 pandemic that could leave many of the country’s most vulnerable in the cold and dark.

Wholesale rates remain high in the international and domestic markets, and the fluctuations in the rates of natural gas indicate no easing of the pressure on suppliers and down to corporate and household clients facing a costly burden.

Average electricity bills have risen 189 percent in a year and show no sign of lessening, the government offering no other aid although it wasn’t said if people who can’t pay will have their power turned off.

RELATED

ATHENS - A Mixed Jury Criminal Appeals Court on Friday handed down sentences of life and 15 years imprisonment on the two young men found guilty of the murder and gang rape of 21-year-old student Eleni Topaloudi, imposing the same sentence as that imposed by a lower court.

Top Stories

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.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Mission, TNH’s New Travel Documentary Series with Clelia Charissis (Trailer)

Every weekend, TNH and Clelia Charissis are on a mission, traveling around Greece and the world to highlight places through the people we meet along the way.

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.