December 28, 2022
Economy, FEATURED
Τhe state subsidy for heating oil will be valid in its entirety for just four more days, as from the New Year it will reduced by 10 cents per liter. It is quite possible that the selling price of heating oil will increase further if the subsidy from the refineries …
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December 20, 2022
Economy, FEATURED
Greece’s Finance Minister Christos Staikouras announced on Monday the extension of a heating oil subsidy at the pump. The measure was originally due to end on December 31. “The measure will continue to be applied until March 31, 2023, Staikouras said speaking to Skai TV. However, the subsidy will be …
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October 14, 2022
Economy, FEATURED
The sale of heating oil to households began on Friday with a last minute surprise discount of 6 cents per liter by the Hellenic Petroleum refineries (ELPE). The price was supposed to at 1.42 and 1.45 euros per liter, and after the discount is reportedly below 1.40. Nevertheless, it is …
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September 13, 2022
FEATURED, Greece, Politics, Uncategorized
Cynicism among ministers of the conservative Greek government reached another level on Tuesday, when a minister told a TV magazine: ” Who doesn’t adjust dies!.” Deputy interior minister Stelios Petsas appeared on the Morning Magazine of ANT1 TV to discuss the energy crisis and the natural gas prices in the …
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March 10, 2022
Economy, FEATURED
Greece’s Consumer Price Index (CPI) rose further to 7.2% in February 2022, the Greek Statistics Authority said on Thursday. Media speak of the highest inflation rate in the last 16 years. Data showed the surge resulted from a 78.5% rise in natural gas, 71.4% in electricity, 41.5% in heating oil, …
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October 15, 2021
Economy, FEATURED
The sale of heating oil in Greece for the season 2021-2022 started on Friday with prices up by 46 percent when compared to the previous season. Natural gas is up by 48.5%. The prices make it difficult for many households to afford. The prices start at 1.17 euros per liter …
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October 15, 2019
Economy
“Expensive heating oil helps protect the environment,” SYRIZA MP and former Finance Minister, Euclid Tsakalotos said on Tuesday. Tsakalotos was trying to justify the Extra Consumption Fee on heating oil imposed by the SYRIZa government in 2015. A truly awkward effort to justify the unjustifiable by a left-wing lawmaker who …
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October 25, 2018
Social
The director of Technical high-school (EPAL) in Siatista tried in vain to start the heating on Wednesday morning. The system did not work even though 2,700 liters of heating oil were delivered just one day earlier. When he went to check the tank he found out that not a single …
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October 15, 2018
Social
Heating oil at the average price of 1.15 euros per liter and up to 1.25 in remote areas or the islands make it again a luxury that only a few Greeks can afford. Almost half of the heating oil price is due to high taxation, to add are also transportation …
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December 4, 2017
Greece, Politics
High school students protesting outside the Education Ministry? “No, thanks!” said minister Kostas Gavroglou and barricaded the building gates and doors with metal sheets. Minister Gavroglou could not see the protesters and the protesters were hindered into looking inside the ministry. However, the angry students were not bothered by …
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January 3, 2017
Economy
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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January 3, 2017
Economy
Fuel and heating oil got …fire after the special consumption fee was imposed on 1. January 2017. Unleaded gasoline reached a record price especially on the Greek islands that were not exempted from the Value Added Tax hikes. The price for heating oil was increased by 20 cents. Unleaded gasoline …
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May 19, 2016
Economy
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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October 30, 2015
Society
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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December 12, 2013
Society
Are Greeks crazy? Most probably. There could be no other logical explanation, when parents reject a heating oil donation and take the risk that school radiators remain cold. OK, political motivation and other interests in the area cannot be excluded in this case, and we are very far away to …
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October 16, 2013
Society
…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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October 12, 2013
Society
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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October 9, 2013
Economy
The gap between theory and practice… That’s the main problem of institutional technocrats seeking solutions to countries where real people live in. They just don’t get it. that their theoretical approach is good on academic level but a failure in real life. A fact that is being confirmed again and …
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September 2, 2013
Economy, Society
Just in case you were hoping to be able to heat your home in upcoming winter: no way! Greek Finance Ministry issued a statement dismissing media claims that the special tax imposed on heating oil in 2012 would be decreased in upcoming winter. “There is no such issue,” the Greek …
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April 19, 2013
Economy, Society
Why did we freeze all through the winter? Because the Greek finance ministry had raised the special consumption tax in heating oil, while the tax in natural gas was raised a year before. What did the ministry win from having us on cold show? It raised more revenues – more …
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