New measures to support society affected by the consequences of the war in Iran announced today Prime Minister Kyriakos Mitsotakis, following the publication by ELSTAT of a primary surplus of 4.9% of GDP of 12.1 billion euros. Specifically, the Prime Minister announced: The diesel grant is extended to the network with 20 minutes and for the month of May [...]
The government is preparing the third support package, with a communication expected from the Prime Minister following the European Commission guidelines. Ursula Von Der Leien will present Wednesday's toolbox with recommendations for energy coupons and income support. Greece achieved for the 4th consecutive year an additional 2.5-2.8 billion euros, with the available amount depending on negotiations with the Commission. On the table are the continuation of the fuel pass until the end of May, the profit margin, as well as possible market pass and energy pass, while there is no reduction in EIC and VAT.
The aircraft fuel crisis, caused by the closure of the Strait of Ormuz, forces major European airlines to cut flights and freeze aircraft, amid tightness in the offer, notes Politico. International Energy Agency chief Fatih Birol told the AP Thursday that the continent has «aircraft fuel stocks perhaps for [...]
Current prices remain low, with 11 fixed tariffs and three "green" (including PPC) below 15 cents per kilowatt hour in April. Deputy Environment Minister Nikos Tsafos said there is no alarm, as wholesale prices are lower than last year. The Gulf truce, low gas prices, increased hydroelectric production and RES contribute. A positive development is the restart of oil production in Prino in February, aiming at 1,500 barrels daily from certified reserves of 40 million barrels.
