The Greek government will allocate 300 million euros in subsidies to address the energy crisis — Ekathimerini
Greek Prime Minister Kyriakos Mitsotakis has announced a large-scale financial aid package worth €300 million, which will be implemented in April and May.
This was reported by Ekathimerini.
These funds will be directed toward supporting consumers and farmers who are suffering from the rapid rise in energy prices due to the ongoing conflict in Iran.
As part of the new initiative, the government is introducing direct subsidies for diesel fuel at gas stations in the amount of €0.16 per liter.
Including VAT, the net benefit for private consumers and businesses will be approximately €0.20 per liter of fuel.
Households will receive targeted support through an innovative tool—digital fuel cards—which will automate the process of receiving benefits.
Special attention has been given to the agricultural sector: farmers will be reimbursed 15% of the cost of purchasing fertilizers, whose prices have surged due to market instability.
Financial assistance will also be provided to ferry operators, which is critically important for the country’s island infrastructure.
The main condition for receiving such state support is the companies’ commitment to introduce mandatory discounts on passenger tickets for the public.
This program will be funded not only by budget funds but also by new tax revenues.
In particular, the government is introducing a tax on profits from online “casino-style” games, which is expected to bring an additional €100 million into the state treasury.
Kyriakos Mitsotakis emphasized that the costs of the initiative will also be covered by sectors of the economy that are demonstrating abnormally high profitability during this period.
As a reminder, Greece will deploy Patriot and F-16 systems to protect Bulgaria from potential attacks by Iran.
Greece may also expand its territorial waters in the Aegean Sea.
