CIG Extends Fuel Subsidy on Bills and at Pump - Cayman Islands Headline News
- On Wednesday, the Greek government announced fuel price measures targeting a market price below €1.75 per litre, raising state diesel discounts by €0.05 to €0.20 per litre to combat surging costs.
- Prime Minister Kyriakos Mitsotakis described the economic situation as a "cascading storm" testing national budgets, citing fluid conditions that necessitate regular policy reviews.
- Helleniq Energy will maintain existing gasoline and diesel discounts through October 14, while the government will review all interventions every 15 days due to the current volatile market.
- The administration will announce heating oil support before October 15, when consumers typically begin purchasing supplies for winter, extending relief beyond fuel at the pump.
- Surging fuel costs stemming from ongoing conflict in the Middle East prompted these interventions, providing immediate relief for households and businesses across Greece.
206 Articles
206 Articles
The government in its technical mandate has extended the reduction of excise duty by 25 percent on oil derivatives for one more week, until October 11, the Ministry of Finance confirmed to RTS.
The measure was taken in the context of an international price surge motivated by the war; the bonus in electricity and gas will be sustained
The Government limits the price of the 12.5 kg butane bonbon to 19,55 euros in the face of the rise in international contributions and transport costs, a measure with special impact on households and rural areas
Greece extends motor fuel discounts through mid-October
Greece will raise diesel fuel discounts and extend them through mid-October in an ongoing effort to curb the impact of surging fuel costs on households and businesses. Greece’s biggest oil refiner, Helleniq Energy, will continue offering a discount of €0.0795 a litre on unleaded gasoline and €0.0405 a litre on diesel fuel — which have […]
The first installment of the diesel subsidy arrives today, almost a million motorists can expect the transfer
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