In a recent interview, Greek government spokesman Pavlos Marinakis reaffirmed the government’s commitment to preventing electricity price hikes and assured consumers that prices would not increase. He discussed tax reductions, income growth, and initiatives for middle-class support. The government aims…
The Greek government is calling for European intervention to address soaring electricity prices, which have risen significantly since early November. Government spokesman Pavlos Marinakis mentioned that blanket subsidies for households and businesses are under consideration. The government’s previous measures included…
Greece’s Development Minister, Takis Theodorikakos, announced a new investment program aimed at border regions, set to commence in 2025. This initiative seeks to enhance economic activity along Greece’s borders and improve the country’s trade balance, which remains a concern despite…
Amid increasing concerns over rising electricity costs, the Greek government is contemplating horizontal subsidies for power bills. On November 14, electricity prices reached €200 per megawatt-hour, with expectations of higher costs impacting consumers. Environment Minister Theodoros Skylakakis has emphasized that…
Electricity wholesale prices in Greece have surged over 30% in November, raising concerns about rising retail costs in December. The price for a megawatt-hour has surpassed €200, reflecting a staggering 110% increase since mid-October. This trend is mirrored across Southeast…
Greek Development Minister Takis Theodorikakos emphasized the government’s commitment to reducing prices during a recent meeting with supermarket representatives. He urged stores to display special signage for discounted products and to maintain efforts to lower prices across a wider range…
The ongoing energy crisis and skyrocketing electricity prices are compelling consumers, particularly large businesses, to seek fixed-rate contracts to manage costs effectively. Previously, only a few companies opted for stable pricing, but now firms are signing agreements for up to…
