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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek PoliticsAs the floodwaters in Thessaly subside, the enormity of the economic impact of the disaster is gradually becoming clear, putting the onus on the government to deliver a support package commensurate to the task. The prime minister’s office is pondering how to manage the political fallout
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Government and opposition poised for new confrontation over Tempe probe
PoliticsGreek Politicssome of the bitter sentiment over the Tempe issue subside in recent weeks, leading to his party edging
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Newsletter 464 - 30/05/2025
PoliticsGovernment faces scrutiny over farming subsidy scandalThe Greek government is under growing pressure following revelations of a widespread farming subsidy fraud scandal, threatening to become... reported that fraudulent subsidy claims may have amounted to as much as €45 million per year. While legal
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societyto support renewable generation. The government’s solution has been to announce a new subsidy scheme for PPC’s low voltage customers, who consist of households and small businesses. The new subsidy... to a certain extent. In the first instance, the subsidy comes to supplement measures already put in place
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economy” for vulnerable households worth 496 million euros and essentially doubling the heating subsidy to 300 million euros, from 174 million. In September, the energy subsidy cost the budget more than one... will stop the current subsidy scheme, exploring options of a scaled subsidy that will include an incentive
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OPEKEPE scandal remains sore point for government despite wayward inquiry
PoliticsGreek Politicssubsidy scandal by broadening the scope of the parliamentary inquiry so it dates back to 1998... away from the all-important 2022–2023 audit gap. The absence of audits during the 2022–2023 subsidy... corruption at the agency, which was responsible for making subsidy payments to farmers. On Thursday, the four
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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomyor grants based on the amount of subsidised expenditure or the value of new machinery, subsidy for up to seven years of the leasing cost of new equipment, subsidy of the new job positions’ payroll... in the subsidy framework is set at 500,000 euros for large corporates, at 250,000 euros for medium
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Main residence draft law shows signs of compromise in several areas
EconomyProgrammereceiving a state subsidy that will cover part of the monthly payment. The subsidy will be in place.... The subsidy will be withdrawn if the recipient does not keep up his/her repayments. The protection as a whole will be withdrawn if three monthly instalments are missed. According to reports, the state subsidy
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Govt prepares to increase energy subsidies, lifts most Covid restrictions
PoliticsGreek Politicsin energy prices, after the latest figures indicate that the recently announced subsidy scheme... triple the 9-euro monthly subsidy on household bills to 35 euros. The revised amount made available... considered a subsidy for natural gas consumers along the lines of that applied to electricity bills
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek Politicsthe crisis began. The new subsidy scheme will be rolled out in July. The previous set-up will remain... the details of the government’s subsidy plans on Friday. Staikouras explained that continuing the current... the diesel subsidy for May and June. The new subsidy scheme, which will apply during the second half
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