National Economy and Finance Minister Kyriakos Pierrakakis announced a 30% increase in the heating allowance.
“At a difficult time internationally, with the energy crisis testing the resilience of households around the world, our priority is to ease the pressure on families. That is why we are providing two forms of support for heating oil, including a direct subsidy at the pump, which will immediately lower the price, as well as a 30% increase in the heating allowance compared with last year. This measure will affect hundreds of thousands of families across the country,” Mr Pierrakakis said.
“We cannot stop an international energy crisis. But we can ensure that people do not have to bear its burden alone, and we will stand by them for as long as necessary. The full package of measures will be detailed tomorrow by Environment and Energy Minister Stavros Papastavrou and Deputy Minister of National Economy and Finance Thanos Petralias,” he added.