For Stournaras, it's out of the frying pan and into the heating oil

PoliticsGreek Politics

With winter approaching, the subject of heating oil has become somewhat of a burning issue in the coalition government. One of the more contentious fiscal measures of the last three years was the decision to raise the consumption tax on heating oil last year to equal the levy on vehicle fuel. There is now a struggle within the Samaras administration over whether to roll back the tax.

The levy was raised after last year's elections with the aim of increasing revenue but primarily to tackle fuel smuggling, which was estimated to be worth 600 million euros a year in Greece. However, the hike led to the price of heating oil rising by ab...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.