24
Sun, May

Greece Weighs New Energy Support Measures as Inflation Surges

Greece Weighs New Energy Support Measures as Inflation Surges

Hellenic Shipping News

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Greece’s economic team is monitoring the worsening energy crisis with growing alarm, as rising fuel prices and accelerating inflation put renewed pressure on households and threaten to complicate the country’s fiscal plans ahead of 2027.

A senior finance ministry official told OT.gr that no final decisions had yet been taken, but support measures could be announced by the end of next week and implemented in June. The government is estimated to have roughly €200 million available for interventions and is considering extending existing schemes, including the Fuel Pass subsidy program and support for diesel fuel.

Officials are also working on what they describe as a more permanent package of measures that Prime Minister Kyriakos Mitsotakis is expected to unveil at the Thessaloniki International Fair, the annual event where Greek prime ministers traditionally present major economic policy initiatives. Longer term, one billion euros has been set aside for additional support measures in 2027, with the stated intention of distributing that amount to citizens at the start of the year.

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