Tags
Energy
RSS-
EconomyMacroeconomy
Import price index posts record rise of 39.1 pct in Apr, driven by energy Greece’s import price index continued at an accelerated pace in April, posting another solid rise of 39.1 percent year-on-year (YoY), from 34.6 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
-
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.
-
PoliticsGreek Politics
Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets Greece’s first climate law made its way to Parliament this week, with only minor changes in light of public consultation and the unfolding energy crisis. The legislation was tabled on the same day that the European Commission presented its REPowerEU package aimed at cutting dependence on Russian fossil fuels.
-
PoliticsForeign Policy
Athens buoyed by content, mood of Mitsotakis trip to Washington Greek officials seem very satisfied with the results of Prime Minister Kyriakos Mitsotakis’s trip to Washington, which gave the Greek leader an opportunity to raise a wide range of issues.
-
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.
-
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.
-
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.
-
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.
-
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.
-
PoliticsForeign Policy
Athens promotes role as energy hub as PM prepares for talks in Washington In a highly symbolic move aimed at underlining the determination of Balkan countries to find alternatives to Russian gas, the Prime Ministers of Greece, Bulgaria, North Macedonia and Serbia will meet on Tuesday in the northeastern Greek city of Alexandroupolis.