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Cost of living
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PoliticsGreek Politics
Govt lines up new handouts to fight inflation as SYRIZA moves to election footing The government is unfurling more voter-friendly measures in a bid to counter the impact of the cost-of-living crisis as SYRIZA is moving towards an election footing, reflecting the growing feeling that Prime Minister Kyriakos Mitsotakis is likely to call snap polls in the coming weeks.
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PoliticsGreek Politics
Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows The government is mulling further measures to cushion the impact of the cost-of-living crisis as the political temperature rises in the build-up to the next elections, which are due next year but could be held earlier.
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PoliticsGreek Politics
New energy subsidy scheme nearing launch as public remains sceptical The government submitted to Parliament on Tuesday an amendment paving the way for the latest energy subsidy scheme to be launched in the coming weeks, a programme New Democracy hopes will assuage the public and win back some of the support it has lost over the last few months as the cost-of-living crisis has gripped Greek households.
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PoliticsGreek Politics
Govt finds devil is in detail for windfall tax on power companies Prime Minister Kyriakos Mitsotakis’s pledge to tax the “windfall” profits of power companies appeared to provide a neat solution to aspects of the ongoing energy crisis, however as details emerge it is becoming a source of more political controversy.
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PoliticsGreek Politics
Much riding on EU approval of plan to cap energy prices The government is hoping to receive approval from the European Commission for its plan, set out by Prime Minister Kyriakos Mitsotakis in a recent televised address, to cap energy prices for consumers – a policy that is the main weapon in New Democracy’s bid to fight back against the cost-of-living crisis and its political opponents.
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PoliticsGreek Politics
Changes to energy subsidies aimed at winning over middle class Stressing that the energy crisis is an exogenous shock to Greek households and arguing that the European Union has failed to react decisively enough, Prime Minister Kyriakos Mitsotakis outlined on Thursday the latest package of measures his government will adopt with the aim of easing the impact on consumers.
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PoliticsGreek Politics
Mitsotakis fast-tracks energy package announcement on eve of party conference After weeks of speculation, the government is set to announce a much-enhanced subsidy package which promises to shield households and businesses from skyrocketing energy bills.
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PoliticsGreek Politics
SYRIZA on front foot over energy prices as poll gap narrows further Until the government announces a reported 5-billion-euro package of measures aimed at containing energy prices, SYRIZA senses that it has an opportunity to erode further New Democracy’s lead in the opinion polls by appearing more proactive than its rival.
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PoliticsGreek Politics Govt counts cost of own energy package as hopes of coordinated EU response fade Ministers in Athens are working on an enhanced support package to tackle high energy prices after the government’s proposal for an EU solidarity fund against inflation failed to gain backing at Monday’s meeting of energy ministers.
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PoliticsGreek Politics
Under increasing domestic pressure, govt awaits EU signs for response to energy security threat Russia’s decision to act on its threat to cut off gas flows to Poland and Bulgaria in a row over sanctions has sharpened the government’s focus on the security of national energy supplies.