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Tag Archives: heating oil

Inflation in Greece hits record 7.2% in February; Gas up 78.5%, electricity 71.4%

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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2,700 liters of heating oil stolen from school in mountainous Siatista

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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Education Ministry seeks protection behind metal sheets but angry students….

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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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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