Government officials appear close to finalizing the details of a double energy-cost package providing subsidy support, in April, to households and businesses for significantly higher electricity tariffs as well as aid to motorists for hefty auto fuel price increases.
Finance minister Christos Staikouras and energy minister Kostas Skrekas are expected to announce the details of this latest support package tomorrow. It will include electricity subsidies for households and businesses in April, as well as auto fuel and diesel discounts, to be funded by additional tax revenues generated by liquid fuels.
According to sources, April’s electricity subsidies for households will be 40 percent higher, compared to March. These subsidies will cover electricity consumption, for the month, up to 300 MWh, and will be restricted to primary residences. Monthly subsidies per household could exceed 55 euros.
Businesses, professionals and farmers stand to receive even greater electricity subsidy support, totaling over 65 euros per MWh for all levels of consumption, sources informed.