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Tag Archives: heating oil

New Law allows “autonomous heating” installation without consent

The Greek government put an end to the conflict among apartment owners in multi-storey buildings struggling to supply their homes with heating. Amendment N. 4447/2016 – OG 241 A ’12/23/2016 passed through the Parliament on 23. December 2016 apartment owners may decide in favor of autonomous heating without the approval …

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New Greek Omnibus Monster: €1.8bn Indirect Taxes, more VAT hikes, Property Tax, Fuel Prices on fire

Indirect taxes worth 1.8 billion euro, Value Added Tax hike from 23% to 24%, red loans regulations, a new Super Privatization Fund, new calculation scales for Unified Property Tax (ENFIA), the omnibus bill of some 4,000 pages has been submitted to the Parliament on Wednesday night. The voting will take …

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“Heating allowance”: Austerity mind-set thinks poor Greeks freeze less in the South

This year’s ‘heating allowance’ for the poor and the needy will be cut by 50%. The total amount from the state budget will drop from €210 million last winter down to just €105 million. Blame the austerity, the bailout programs, the prior actions  and the shortage of liquidity. In the …

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Almost half of Greek households cannot afford heating oil

…and another half cannot afford to heat with natural gas, I suppose, because prices are just slightly lower. However the real plague is indeed the heating oil, because people have to fill the tanks and stump up some 700-800 euro. in advance. 44 % of Greek households told a survey …

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Troika rejects decrease in heating oil tax; Greeks to freeze another winter

Greece’s lenders, the Troika rejected two of Greek government plans: the tax reduction in heating oil and the broadening of income criteria for those entitled to heating oil allowance. The government had proposed to decrease at 15% the Special Consumption Tax for heating oil and avoid the freezing of Greek households and the incredible air pollution of …

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Greeks at Risk to Spend Tough Winter Without Heating Oil

Thank God, temperatures are still mild for this time of the year,  thank God many bought heating oil last spring before the price hikes. Then the raw between Finance Minister and representative of gas station owners threatens to force millions of households to spend a rel tough winter. Apart from the fact …

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Greeks “Freeze” With Heating Oil Prices Up 40%

Despite the rising temperatures Greeks ‘froze’ on Monday morning to hear that heating oil price will go up by 40%. Due to the so-called equalization of the tax for heating oil, one liter will cost €1.45-€1.47 as of next October. One liter costs one euro today. As heating oil is distributed from October …

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Athens 11° C: Latest Trends Bei Greece’s New Poor

That was another sunny day in Athens today. Chilly but sunny. I had to go ‘downtown’ of the suburb I live to fix some issues, buy a birthday present for a friend. I walked around and visited several shops. What a miserable ‘festive’ mood! Hardly customers inside, not very modern or good quality staff, …

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