Energy suppliers in Greece will have been announced new electricity tariffs by next Sunday, July 10, media report. The new tariffs will not include the adjustment clause and will be effective as of August, 1, 2022 The government aspires with the combination of measures implemented in the wholesale and retail …
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Greece freezes “adjustment clause” on electricity bills until July 2023
The “adjustment clause” on the electricity bills is frozen until summer 2023, according to an amendment tabled by the Environment & Energy Ministry late on Friday and in the context of a bill for the simplification of the licensing of energy providers. According to the amendment, the suspension of the …
Read More »Temporary court order prohibits companies from cutting power due to unpaid adjustment clause
A First Instance Court in Athens partially accepted on Thursday the issuance of a temporary order that prohibits power companies to proceed with consumers’ power outage in case of not payment of the adjustment clause. The temporary order was requested by Greece’s consumers organizations INKA and EKPOIZO. The Multi-Member Court …
Read More »Greece’s consumers fight back: INKA files legal action against “adjustment clause” on electricity bills
Greece’s Consumer Institute INKA has launched a collective legal action against electricity providers who impose an additional cost on consumers through the so-called “adjustment clause.” The clause burdens the already and extra charge of often several hundreds euros to the already soaring electricity bills with an extra charge of often …
Read More »Parliament approves bill on taxing electricity surplus profits
The Greek Parliament approved on Wednesday an amendment to tax surplus profits of electricity suppliers. According to the regulation, surpluses are defined as the difference between the “Reasonable Average Retail Price” to be determined by ministerial decision based on costs and a reasonable profit margin, and the actual price that …
Read More »Greece raises households electricity subsidy for July to €200; businesses provisions
There will be significantly increased subsidies to cover the cost of electricity in July, Environment and Energy Minister Kostas Skrekas announced on Tuesday. The subsidy amount per MWH and KWh for households and businesses will rise and thus independent from the income criteria and consumption caps for eligibility. Regarding energy …
Read More »“PowerPass” access for electricity rebates with tax number end-digit system
Over 300,000 electricity consumers submitted their application for rebates to the platform of PowerPass in only four days, since the platform opened on Friday evening. Thousands are still stand by as allowed, so far, are applications by taxpayers whose tax number ends in 1, 2, 3 and 4. It normally …
Read More »“Power Pass” platform for electricity rebates opens June 17; Procedure, Traps
The much anticipated “Power Pass” platform for citizens who are entitled to receive the electricity refunds of up to 600 euros, will open on Friday, June 17, 2022, the Minister for Digital Governance Kyriakos Pierrakakis said on Tuesday. Citizens can apply on the platform to receive rebates for the extra …
Read More »How to receive the “60% rebate” on electricity bills: Procedure, Q&A
A guide on how electricity consumers in Greece will receive the state aid for ‘inflated electricity bills in the last six months has been issued and and posted on several media. The guide refs to beneficiaries, how to apply on the special platform as well as how to calculate the …
Read More »PM reveals energy measures: 60% rebate for 6 months, yet with a cap
Prime Minister Kyriakos Mitsotakis announced on Thursday evening a package of relief measures for households and businesses with the aim to tackle the soaring energy prices and to calm down an increasing social anger. In his televised message the Prime Minister announced a program of four key points that includes …
Read More »Greek PM to announce plan for electricity rates as first mass lawsuit filed
Prime Minister Kyriakos Mitsotakis will announce the national support plan aiming to relief households and businesses from exorbitant electricity rates. The televised message will be broadcast at 7:00 p.m. on Thursday. The new measures are scheduled to be presented in detail on Friday, May 6, by the finance and the …
Read More »Greece’s Gov’t mulls new support plan as anger over energy prices grows
Alerted by the citizens’ anger over the energy prices and the increasing cost of living the conservative government is promising to come up with a new national support plan for the benefit of households and businesses. The plan is expected to be implemented in June. The national plan will be …
Read More »1,100 power cut orders across Greece daily due to unpaid bills; Greeks mobilize
Greeks rushed to public power company on Easter Wednesday to arrange payment settlements for unpaid bills and avoid being completely cut off from the electricity supply, as providers keep issuing disconnections orders and push for their implementation. With the wholesale price among the highest in Europe and a government that …
Read More »Greek PM announces raise of minimum wage, unemployment benefit
Prime Minister Kyriakos Mitsotakis finally announced the much anticipated increase of the minimum wage as well as an increase of the unemployment allowance. “My decision today addresses the low-incomers and the unemployed,” he said in his televised message. The PM’s pre-Easter gift on Holy Wednesday is 50 euros more per …
Read More »PPC cuts electricity to 92-year-old oxygen-dependent granny
A 92-year-old bed-ridden and oxygen-dependent granny with dementia was rushed to the hospital on Friday after Greece’s Public Power Company cut the electricity supply due to a dept of 500 euros thus depriving her of the most essential source that was keeping her alive. Speaking to Open TV on Monday …
Read More »6 in 10 Greek workers cut down on basic food and heating, Labor survey finds
The majority of workers in Greece has cut on basic food products and heating, while 3 in 10 declare insecurity to maintain their job, a survey conducted by Alco on behalf of the General confederation of Greek Labor (GSEE) and the Labor Institute has found. Solution to the current economic …
Read More »Rhodes Hotelier goes on hunger strike due to exorbitant electricity bills
A 30-year-old hotelier on the island of Rhodes started a hunger-strike outside the Public Power Company due to exorbitant electricity bills that she is not able to pay or to make an installement-settlement. Speaking to local newspaper rodiaki, the woman who has a small hotel in the center of the …
Read More »New energy subsidies for February: “Peanuts” for households and businesses
Greece’s Environment and Energy Minister Kostas Skrekas announced on Wednesday the subsidies for electricity and natural gas that will apply in February for households and enterprises. The subsidy for electricity will be 39 euros per MWh for households, that is 3 euros less than in January. The subsidy for enterprises …
Read More »Price hikes for phone and internet after June elections
Price hikes for phone and ιnternet subscribers are underway after the elections on June 25. Providers will be able to change prices in line with the inflation. Increases in fixed and mobile telephony tariffs as well as in the Internet should be expected by subscribers after the elections as the …
Read More »ESM hails Greece’s achievements, criticizes SYRIZA handouts
The year 2018 was a landmark year for Greece, mostly because of the country’s exit from the memorandum in August 2018, the European Stability Mechanism (ESM) said in its annual report on Greece. At the same time, it warned Greece to stay on reforms path and boast growth-oriented policies, and …
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