Greece says power bill subsidy will double to 840 mln euros in January

Greece says power bill subsidy will double to 840 mln euros in January
Kostas Skrekas Image Credit: Wikipedia
  • Country:
  • Greece

Greece will continue supporting households and businesses against soaring energy prices next year and power bill subsidies will reach 840 million euros ($892.08 million) in January, Energy Minister Kostas Skrekas said on Friday.

The support - double the subsidies allocated in December - will be funded by a windfall tax on power producers and carbon emission rights, Skrekas said. ($1 = 0.9416 euros)

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